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.
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,
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.
President Donald Trump directly addressed Bank of America CEO Brian Moynihan during a virtual appearance Thursday at the World Economic Forum to tell him that "de-banking" conservatives is "wrong." Moynihan responded by thanking Trump for getting the FIFA World Cup to be hosted in the U.
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
Bank of America pushed back on criticism from President Donald Trump and insistedthey “welcome conservatives.” But a post on social media insisting there has been no discrimination […]
Bank of America's Brian Moynihan explains how President Donald Trump is creating "even better conditions for investment" into U.S. companies and economic growth.
Bank of America CEO Brian Moynihan said that the firm is open to using cryptocurrency for payments if regulators clarify the rules.
The Fed now needs to be on Trump watch if it wants to engineer the proper dose of monetary policy. "They've got a new administration with a new set of fiscal policies, and the monetary policy has to respond to that," Bank of America chair and CEO Brian Moynihan told Yahoo Finance at the World Economic Forum in Davos, Switzerland.
A congressional committee is investigating what s behind the recent trend of major financial institutions closing accounts linked to cryptocurrency firms
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay put. As Bank of America CEO Brian Moynihan may attest, Trump’s timing is not coincidental.