By Echo Wang, Marwa Rashad and Trevor Hunnicutt DAVOS, Switzerland (Reuters) -U.S. President Donald Trump demanded OPEC lower oil prices and the world drop interest rates in a speech to global ...
Greg Baer, head of the Bank Policy Institute, echoed the president's assertion that unchecked supervisors are urging banks to drop risky clients .
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 ...
President Donald Trump accused banks of discriminating against conservatives. JPMorgan Chase and Bank of America denied the debanking claims.
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 ...
Costco has claimed victory in pushing back on a shareholder proposal that urges the wholesale club operator to conduct an ...
Corporate earnings are coming in strong. Investors are also seeing the Trump administration take a less aggressive approach to tariffs than some had expected.
President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives.
President Donald Trump delivered an unexpected critique of Bank of America (BAC) CEO Brian Moynihan, accusing the executive of restricting ...
President Trump threw a curveball to Bank of America CEO Brian Moynihan after his Thursday address at the World Economic ...
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 ...
The P/E ratio measures a company's stock price relative to its earnings per share. A high P/E suggests that a stock has become expensive compared to its earnings - a crucial fundamental for a company ...