Financial Services Reaction to the Presidential Election
In the few days since the presidential election was decided late Tuesday evening, there has been much speculation as to how the result will affect the banking industry. Does an Obama re-election mean more regulations for the industry? Does this mean key aspects of Dodd-Frank will not be overturned? And how will the outcome affect the economy? Bank Systems & Technology has compiled some of the best quotes from the financial services industry about how the election results may affect the future of banking.
November 09, 2012
1. Momentum Has Been Lost?
You've lost that momentum where you're softening up the political stance that appears to or tends to be anti-banking.
— Paul Miller, analyst, FBR Capital Markets.
Source: Wall Street Journal