Bank of America and JPMorgan Chase are denying that political affiliation has any bearing on the customers who do business at the banks after President Trump alleged at Davos that BofA had refused to do business with some conservatives.
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 by name the CEOs of JPMorgan and Bank of America.
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,
Big Gov-Big Bank de-banking collusion sounds an awful lot like the Big Gov-Big Tech censorship collusion. And helps further demonstrate who amongst President Trump’s news buddies can be trusted and who can not.
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.
The 8.3% boost in compensation – after JPMorgan reported record profit – puts Dimon’s pay on par with that of Goldman Sachs CEO David Solomon.
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.
President Trump threw a curveball to Bank of America CEO Brian Moynihan after his Thursday ... that because of Biden or what but you and Jamie [Dimon] and everybody… I hope you open your banks ...
JPMorgan Chase chairman and CEO Jamie Dimon joins 'Squawk Box' to discuss the second Trump administration, why he's 'cautiously pessimistic' about the U.S. economy, impact of Trump's tariff proposals and EOs,
Brian Moynihan said he’s staying put as chief executive officer of Bank of America Corp. unless the board decides otherwise. “The board will make a choice at some point,” Moynihan said Tuesday in an interview with Bloomberg TV at the World Economic Forum in Davos, Switzerland. “I’m not going anywhere unless they throw me out.”
Bank of America CEO says the firm is ready to embrace cryptocurrencies. All it needs is a push from US regulators, he told CNBC today.
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.