Donald Trump's surprising presidential victory received a grand welcome from both large and small bank stocks, reflecting investors' positive sentiments on the election of the 45th U.S. president. While currently there are regulatory uncertainties shrouding the Federal Reserve, the Consumer Financial Protection Bureau or the Dodd-Frank Act, several market experts forecast changes in regulations to benefit small and midsize banks more than the large players. The movement largely reflects investors' higher inflation expectations driven by easing regulations, tax cuts and increased government spending under Trump's administration.