Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit

Banks including Citi, JPMorgan slide after Trump calls for credit card interest rate limit

Banks and financial services stocks slid Monday after U.S. President Donald Trump called for a one-year cap on credit card interest rates at 10%. Citi Group lost almost 4% in premarket trading and JPMorgan Chase was last seen down 2.88%, paring some earlier losses. Bank of America fell 2.36%, Visa declined 1.94%, and Mastercard was 2.21% … Read more