BofA downgrades SoFi, Capital One, upgrades PayPal ahead of second Trump term

Customer paying by using smart phone contactless

Sunwoo Jung

Bank of America Securities is taking a more selective approach toward the payments sector on Donald Trump’s second term than his first, the firm said Monday. Since BofA’s last year-ahead report, which mapped out a path out of the sector’s two-year rut, many payment

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