{"id":55363,"date":"2016-11-22T09:45:27","date_gmt":"2016-11-22T14:45:27","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=55363"},"modified":"2016-11-22T09:45:27","modified_gmt":"2016-11-22T14:45:27","slug":"big-banks-may-not-profit-from-trump-as-much-as-markets-think-ubss-fitzpatrick","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/11\/2016\/big-banks-may-not-profit-from-trump-as-much-as-markets-think-ubss-fitzpatrick.html","title":{"rendered":"Big banks may not profit from Trump as much as markets think: UBS&#8217;s Fitzpatrick"},"content":{"rendered":"<p>(Reuters) The stock rally in financial stocks since the U.S. presidential election may slow down if the new administration fails to cut red tape for big banks, a top UBS Group AG (UBSG.S) asset management executive said on Thursday at the Reuters Global Investment Outlook Summit in New York.<\/p>\n<p>The rally that has broadly driven the S&#038;P 500 Financials Index .SPSY more than 13 percent higher since Nov. 4 is due for a &#8220;near-term&#8221; pullback, according to Dawn Fitzpatrick, global head of equities, multi-asset and the O&#8217;Connor hedge fund businesses at UBS Asset Management. <\/p>\n<p><a href=\"http:\/\/www.reuters.com\/article\/us-investment-summit-fitzpatrick-idUSKBN13C23F\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Reuters) The stock rally in financial stocks since the U.S. presidential election may slow down if the new administration fails to cut red tape for big banks, a top UBS Group AG (UBSG.S) asset management executive said on Thursday at [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-55363","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55363","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=55363"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55363\/revisions"}],"predecessor-version":[{"id":55364,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/55363\/revisions\/55364"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=55363"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=55363"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=55363"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}