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 most coveted seat in Davos on Thursday will be in the plenary when US President Donald Trump delivers a remote address to attendees that will be piped into the main hall via a remote link.
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,” the 47th commander in
President Trump’s accusation that Bank of America dropped conservatives as clients serves as a reminder C.E.O.s may face unexpected attacks by the White House.
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,
I was among 700 people in the hall to hear Donald Trump address the World Economic Forum in Davos. I wondered whether his blunt style landed.
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.
President Donald Trump called out Bank of America CEO Brian Moynihan at the World Economic Forum, saying some conservatives complain the bank will not take their business.
The president revived Republican criticisms over purportedly politically motivated “debanking,” or closing of customer bank accounts.
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.
President Donald Trump delivered an unexpected critique of Bank of America (BAC) CEO Brian Moynihan, accusing the executive of restricting
DAVOS, SWITZERLAND — The Federal Reserve now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy, according to Bank of America chief Brian Moynihan.