Yonhap Infomax News<p>Bank of America highlights that rising US Treasury yields are set to benefit financial stocks such as JPMorgan and Prudential Financial, with sector leaders showing strong correlation to yield movements.<br><a href="https://mastodon.social/tags/YonhapInfomax" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>YonhapInfomax</span></a> <a href="https://mastodon.social/tags/BankOfAmerica" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>BankOfAmerica</span></a> <a href="https://mastodon.social/tags/JPMorganChase" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>JPMorganChase</span></a> <a href="https://mastodon.social/tags/PrudentialFinancial" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>PrudentialFinancial</span></a> <a href="https://mastodon.social/tags/USTreasuryYields" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>USTreasuryYields</span></a> <a href="https://mastodon.social/tags/FinancialStocks" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FinancialStocks</span></a> <a href="https://mastodon.social/tags/Economics" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Economics</span></a> <a href="https://mastodon.social/tags/FinancialMarkets" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>FinancialMarkets</span></a> <a href="https://mastodon.social/tags/Banking" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Banking</span></a> <a href="https://mastodon.social/tags/Securities" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Securities</span></a> <a href="https://mastodon.social/tags/Bonds" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Bonds</span></a> <a href="https://mastodon.social/tags/StockMarket" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>StockMarket</span></a> <br><a href="https://en.infomaxai.com/news/articleView.html?idxno=65810" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://</span><span class="ellipsis">en.infomaxai.com/news/articleV</span><span class="invisible">iew.html?idxno=65810</span></a></p>
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#prudentialfinancial
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Bongolian<p>Corporate greed in action:</p><p>Tony Romm: <a href="https://universeodon.com/tags/Insurance" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>Insurance</span></a> <a href="https://universeodon.com/tags/lobbyists" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>lobbyists</span></a> block federal crackdown on costly retirement advice: The financial services industry has blocked the Biden administration from requiring brokers to put retirees’ needs first — above lucrative commissions.</p><p>"To protect older Americans’ life savings, President Joe Biden pledged in October to crack down on financial advisers who recommend investments just because they pay higher commissions. Then the insurance industry got to work.</p><p>Lobbying groups representing New York Life, Lincoln Financial Group, Prudential Financial and other companies first pushed back against the newly proposed regulations before suing to topple them entirely. Now the government’s latest attempt to protect retirees is in political and legal limbo, facing the possibility that it may never take effect."</p><p><a href="https://universeodon.com/tags/newyorklife" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>newyorklife</span></a> <a href="https://universeodon.com/tags/lincolnfinancial" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>lincolnfinancial</span></a> <a href="https://universeodon.com/tags/prudentialfinancial" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>prudentialfinancial</span></a> <a href="https://universeodon.com/tags/CorporateGreed" class="mention hashtag" rel="nofollow noopener" target="_blank">#<span>CorporateGreed</span></a> <br><a href="https://www.washingtonpost.com/business/2024/08/11/insurance-lobbyists-block-fiduciary-rule/" rel="nofollow noopener" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">washingtonpost.com/business/20</span><span class="invisible">24/08/11/insurance-lobbyists-block-fiduciary-rule/</span></a></p>
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