Trump 2.0 & Fed Policy Impact to Asian Banks and Credits: BI Replay
Donald Trump's second presidential term and eased expectations for aggressive Fed rate cuts could make a profound impact to Asian banks and their credits. While Trump's tariffs and Sino-US relations could take center stage, potential US policy benefits to Southeast Asia and South Korea's political chaos might also top bank investors' agenda in 2025. Separately, a boom in wealth management and M&A flurry are notable trends likely boding well for universal banks in Asia and Japanese investment banks. The region's banking credits with all-time tight spreads could still offer relative value, while their debt issuance may pick up in 2025.