The point of Donald Trump’s jab at Bank of America CEO Brian Moynihan was not just to dunk on one prominent financier. It was also a warning to every executive at Davos, and everyone watching the livestream around the world,
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President Donald Trump accused banks of discriminating against conservatives. JPMorgan Chase and Bank of America denied the debanking claims.
The lender rebuffed allegations that it is less welcoming to conservatives after the president blindsided CEO Brian Moynihan with a barb during a Q&A session at the World Economic Forum in Davos, Switzerland.
In response to activists’ anti-DEI efforts against his company, the JPMorgan Chase CEO said to “bring them on.”
CEO Jamie Dimon agrees that "debanking" happens. He disagrees with some critics about the reasons why. The claim that big banks have closed accounts held by certain political or business customers gained new visibility this week when President Donald Trump confronted Bank of America (BAC) CEO Brian Moynihan at the World
Inflation worries remain despite strong earnings as JPMorgan Chase’s Jamie Dimon and David Solomon of Goldman Sachs weigh risks.
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.
Jamie Dimon was awarded an 8.3% pay raise following a year of record profitability at JPMorgan and amid questions about who might succeed him as CEO.
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.
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Bank of America and JPMorgan Chase are denying that ... regulators mandated that because of Biden or what but you and Jamie [Dimon] and everybody… I hope you open your banks to conservatives ...