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Discover Financial fourth-quarter profit jumps on lower loan loss provisions

Discover Financial's Q4 profit tripled due to lower credit loss provisions and increased interest income, signaling strong performance ahead of its merger with Capital One.

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Capital One's fourth-quarter profit jumps on interest income boost

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Trump promises immigration crackdown, deregulation in Washington rally

Trump promised immigration reform, deregulation, reduced government spending, and a delay on TikTok's ban in his Washington rally as he prepares to take office.

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Dealmakers eye $4 trillion-plus M&A haul in 2025 on Trump boost

Bankers predict global M&A activity to exceed $4 trillion in 2024, fueled by expected deregulation and a favorable economic climate under Trump's administration.

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Berkshire Hathaway takes stake in Domino's Pizza, trims more Apple in Q3

Berkshire Hathaway added Domino's Pizza and Pool Corporation shares while trimming its Apple holdings and several other investments in Q3.

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Factbox-US deals blocked by regulators or facing intense scrutiny

Tapestry abandons a bid for Capri following regulatory interventions, highlighting a growing scrutiny on various high-profile deals, including mergers and acquisitions facing legal challenges.

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Big bank deals could be spurred by Trump administration, executives say

Trump's presidency may lead to increased bank mergers as Republican regulators might ease restrictions, allowing larger acquisitions and creating competition among banking giants.

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US banks to gain from looser capital, merger policies under Trump

The banking sector may thrive under Trump's return, with eased regulations and potential M&A activity, despite ongoing uncertainties and challenges posed by inflation and trade issues.

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Wall Street greets Trump's return with greed and trepidation

Wall Street hopes for favorable regulations under a potential Trump presidency, boosting M&A activity while expressing concerns over unpredictability and impacts on green energy and visa regulations.

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Capital One, Discover surge as Trump victory seen as positive for merger

Capital One and Discover Financial shares surged after Trump’s election, boosting confidence in their planned merger expected to finalize in early 2025.