US financial industry back to world pinnacle
ANBOUND
As the 34 largest US banks had passed the stress tests, the Federal Reserve has given these banks the green light to raise their dividends and buy back shares, and this shows the US financial industry is restoring its super strength, and now it is back to its pinnacle. This not only means that the performance of US financial institutions is strong, but also shows that they have completed the reform and adjustment after the financial crisis, and has shown gaps between the financial institutions of Europe and Asia while maintaining the unipolar situation of the financial industry. Compared with the US financial markets, the European financial markets and financial institutions are facing more problems. With Trump continuing to relax the regulation of the financial industry, the US financial industry will face better opportunities for development. China, as an emerging market country that is developing financial markets, needs to recognize and adapt to this situation.