CEOs on the defensive after the President's comments at World Economic Forum Big U.S. banks found themselves on the defensive Thursday, with Bank of America saying it doesn’t have a “political litmus test” for clients after President Trump suggested that leading financial institutions weren’t letting conservatives do business with them.
In response to external attacks on DEI at big-name financial firms, JPMorgan Chase CEO and Chair Jamie Dimon had a few choice words regarding the activists: “Bring them on.” The comments were made Wednesday on CNBC’s “Squawk Box” program, filmed at the World Economic Forum in Davos, Switzerland.
U.S. President Donald Trump, addressing the World Economic Forum in Davos, Switzerland, via video link on Thursday, accused the CEOs of Bank of America and JPMorgan Chase of not providing banking services to conservatives,
President Donald Trump accused banks of discriminating against conservatives. JPMorgan Chase and Bank of America denied the debanking claims.
President Donald Trump confronted Bank of America CEO Brian Moynihan Thursday over a claim gaining traction in conservative circles: that customers are being 'de-banked' for their personal beliefs.
Amid Trump-fueled euphoria, the Wall Street giant's longtime CEO asserts growth remains "the only real solution" to reducing risks from deficits.
JPMorgan CEO Jamie Dimon said he and Elon Musk “hugged it out” and put aside nearly a decade of tense interactions thanks to a conversation the pair had at a conference last year.
JPMorgan Chase & Co. President Daniel Pinto discusses the state of the US economy as Donald Trump's new administration takes office. He also discusses mergers and acquisitions, inflation in the US and how geopolitics could derail optimism.
JPMorgan Chase CEO Jamie Dimon on Wednesday downplayed concerns about new tariffs from the Trump administration: "If it's a little inflationary, but it's good for national security, so be it."
President Donald Trump delivered an unexpected critique of Bank of America (BAC) CEO Brian Moynihan, accusing the executive of restricting
JPMorgan Chase CEO Jamie Dimon is not backing down from diversity, equity, and inclusion (DEI) commitments. According to Business Insider, Dimon confirmed that the financial services firm will continue to advance its DEI efforts and environmental,