
Financials Down Amid Regulatory Concerns -- Financials Roundup

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Shares of banks and financial institutions declined due to tighter regulatory concerns. Blackstone's shares fell amid reports of a potential ban on institutional investors buying single-family homes. JPMorgan Chase has agreed to take over the Apple credit-card program from Goldman Sachs. Analysts at HSBC predict earnings growth for most major banks and brokers in the coming years.

