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A shouting crowd of protesters with placards are on the street, and in front of them are two smug-looking politicians with ‘vote for me’ badges

Mob rule: populism’s rise pits banks against the people

Trump and fellow mavericks are reshaping politics, leaving banks scrambling to adjust to new and unpredictable risks

Bank shareholders and executives are celebrating another stellar earnings season. Record $300 billion profits for US lenders in 2025. Twenty per cent pay bumps for senior managers. Inflation-busting bonus pots for other staff.

US president Donald Trump is sounding a different tone. “We will no longer let the American Public be “ripped off” by Credit Card Companies,” he declared in a Truth Social

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