Saudi National Bank chair resigns just days right after Credit score Suisse remarks sparked promote-off

Crucial Points

Saudi National Bank Chairman Ammar al-Khudairy has resigned his submit.
He will be changed by SNB Handling Director and team CEO Mohammed al-Ghamdi.
Al-Khudairy’s resignation comes within just days of his mid-March responses that SNB was not likely to enhance its stake in Credit rating Suisse, at a time when the European financial institution battled a crisis of investor self confidence that plunged its shares.

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Finance

Rieder odds rising for Fed chair after Trump calls BlackRock executive ‘very impressive’

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Key Points BlackRock fixed income chief Rick Rieder’s star is rising as a potential Federal Reserve chair following flattering remarks Wednesday from President Donald Trump. Traders on the Kalshi predictions market raised the odds for Rieder getting the nomination to 33%, about double where they were at the beginning of the week. Source

Finance

Trump signals he has a favorite for Fed chair: ‘Down to maybe one, in my mind’

January 21, 2026

Key Points President Donald Trump said Wednesday he is nearing the end of a search to replace Federal Reserve Chair Jerome Powell and hinted he has his candidate in mind. “I’d say we’re down to three, but we’re down to two. And I probably can tell you, we’re down to maybe one, in my mind,” […]

Finance

Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise

January 21, 2026

Key Points President Donald Trump urged Congress to pass a law limiting credit card interest rates to 10%. It followed a social media post where he urged banks to set that cap. The banking industry has criticized the proposal. Source