US President Donald Trump on Thursday accused the leaders of Bank of America and JPMorgan Chase of denying banking services to conservatives. Speaking via video link at the World Economic Forum in Davos,
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.
Jamie Dimon’s comments follow JPMorgan’s decision late last year to drop a case filed against Tesla in 2021, which had sought $162.2 million plus fees over a dispute regarding stock warrant transactions.
"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 ).
JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said there are signs that the US stock market is overheated.
Jamie Dimon reaffirmed JPMorgan's DEI commitments after pressure from an activist shareholder.
Amid Trump-fueled euphoria, the Wall Street giant's longtime CEO asserts growth remains "the only real solution" to reducing risks from deficits.
U.S. President Donald Trump on Thursday expressed his ire with BofA (BAC) and JPMorgan (JPM) over not doing business with conservatives. Read more here.
JPMorgan Chase CEO Jamie Dimon on Wednesday downplayed concerns about new tariffs from the Trump administration: "If it's a little inflationary, but it's good for national security, so be it."
JPMorgan Chase CEO Jamie Dimon is not backing down from diversity, equity, and inclusion (DEI) commitments. According to Business Insider, Dimon confirmed that the financial services firm will continue to advance its DEI efforts and environmental,
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. The broadside against Wall Street banks comes after some institutions have been accused by both congressional Republicans and Republican-led states of "woke capitalism" as well as de-banking gunmakers,