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Trump swings at Bank of America CEO Brian Moynihan and JPMorgan’s Jamie Dimon at Davos: ‘What you’re doing is wrong’
Trump Says JPMorgan, Bank of America Won't Do Business With Conservatives
"I hope you start opening your bank to conservatives, because many conservatives complain that the banks are not allowing them to do business within the bank, and that included a place called Bank of America,” Trump said in remarks at the World Economic Forum in Davos, Switzerland, targeting Bank of America ( BAC) and JPMorgan Chase ( JPM ).
Trump airs conservative complaints that Bank of America, JPMorgan deny services
(Reuters) - U.S. President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of not providing banking services to conservatives, echoing Republican complaints about the industry.
I look at tariffs, they’re an economic tool; that’s it,” Dimon said. “They’re an economic weapon, depending on how you use it, why you use it.” Experts think Trump
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Jamie Dimon, the billionaire head of the U.S.’ biggest bank, lauded Tesla CEO Elon Musk, the richest man on the planet and a key part of President Donald Trump’s administration, on Wednesday, squashing a long-running beef between the billionaires’ companies as Dimon becomes the latest billionaire warming to Musk or Trump.
President Trump just put Bank of America and JPMorgan Chase on notice over allegations that the banks have shuttered accounts and denied customers over their political beliefs.
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.
JPMorgan Chase & Co. Chief Operating Officer Daniel Pinto said private credit’s financing of small businesses warrants attention, given the booming industry has yet to experience the fallout from an economic deterioration.
JPMorgan Chase CEO Jamie Dimon on Wednesday said the U.S. stock market is overvalued and explained why he’s a little more pessimistic about the global economy than your average Wall Street insider.
JPMorgan Chase CEO Jamie Dimon described tariffs as one way to get other countries to address unfair trade balances and boost national security.
Jamie Dimon remains steadfast in JPMorgan's DEI efforts, despite facing challenges from conservative activist investors and Trump's recent crackdown on DEI initiatives.
Amid Trump-fueled euphoria, the Wall Street giant's longtime CEO asserts growth remains "the only real solution" to reducing risks from deficits.
Greg Baer, head of the Bank Policy Institute, echoed the president's assertion that unchecked supervisors are urging banks to drop risky clients .
Executives at JPMorgan Chase, BNY Mellon, Standard Chartered and Qatar Central Bank discussed whether AI will kill jobs and how to work with fintechs at the World Economic Forum annual meeting.
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