Banks
Tougher stance on Trump is ‘very good for business’, says JP Morgan’s Europe boss as CEOs welcome tariff U-turn
Top CEOs have expressed relief after U.S. President Donald Trump backed away from further European tariffs, but told CNBC they were still prioritizing being resilient amid geopolitical instability and regionalization. Conor Hillery, JP Morgan‘s co-CEO for Europe, told CNBC European leaders’ tougher stance on Trump was “very good for business.” Trump announced Wednesday that he and NATO […]
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‘Abnormal hatred’ between Putin and Zelenskyy making it hard to reach peace deal, Trump says
Russian President Vladimir Putin claimed Ukraine’s losses are eight times higher than those of Russia during an interview with Chinese media. Ludovic Marin | Afp | Getty Images An “abnormal hatred” between Russia and Ukraine’s leaders remains a barrier to ending the war, but a peace deal is getting closer, President Donald Trump said as […]
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Jamie Dimon issues rare CEO criticism of Trump’s immigration policy: ‘I don’t like what I’m seeing’
Jamie Dimon, chief executive officer of JPMorgan Chase & Co., during the 2025 IIF annual membership meeting in Washington, DC, US, on Thursday, Oct. 16, 2025. Samuel Corum | Bloomberg | Getty Images JPMorgan Chase CEO Jamie Dimon said Wednesday that he disagreed with President Donald Trump’s approach to immigration, offering a rare public rebuke […]
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Trump calls for Congress to enact 10% credit card interest rate cap; bank stocks rise
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
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Jamie Dimon says U.S. should impose Trump’s credit card rate cap in Vermont and Massachusetts
Jamie Dimon, CEO of JPMorgan Chase, speaks at the American Business Forum at the Kaseya Center in Miami on Nov. 6, 2025. Chandan Khanna | AFP | Getty Images JPMorgan Chase CEO Jamie Dimon on Wednesday advocated for a test of President Donald Trump’s proposed 10% cap on credit card interest rates in two U.S. […]
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Crypto markets ‘will reach an all-time high’ this year, says Ripple CEO
A photo illustration of the digital Cryptocurrency, Litecoin (LTC), Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are seen on September 13 2018 in Hong Kong, Hong Kong. Yu Chun Christopher Wong | S3studio | Getty Images Cryptocurrency markets will reach all-time highs this year, the CEO of one of the largest companies in the sector […]
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Putin meeting set for Thursday, Witkoff says, with Ukraine ‘land deals’ on the table
Russian presidential envoy Kirill Dmitriev, foreign policy aide Yuri Ushakov, U.S. President Donald Trump’s special envoy Steve Witkoff and son-in-law Jared Kushner attend a meeting with Russian President Vladimir Putin at the Kremlin in Moscow, Russia, Dec. 2, 2025. Kristina Kormilitsyna | Via Reuters A meeting with Russian President Vladimir Putin is set to take […]
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U.S. still ‘the closest of allies’ with the UK despite rift, Finance Minister Reeves says
Rachel Reeves, UK Finance Minister, speaking on CNBC’s Squawk Box outside the World Economic Forum in Davos, Switzerland on Jan. 22, 2025. Gerry Miller | CNBC The U.S. remains the “closest of allies” with the U.K. despite a growing rift between the U.S. and Europe over the future of Greenland, Chancellor Rachel Reeves told CNBC […]
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Scott Bessent says U.S. is unconcerned by Treasury sell-off over Greenland, calls Denmark ‘irrelevant’
“Denmark’s investment in U.S. Treasury bonds, like Denmark itself, is irrelevant,” U.S. Treasury Secretary Scott Bessent told reporters at Davos on Wednesday. The “sell America” trade was in full swing Tuesday after President Donald Trump and European leaders escalated tensions over Greenland. U.S. stocks and bond prices tumbled, sending yields spiking. It comes as Trump’s threats to impose 10% tariffs on eight European countries as […]
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Macron decries ‘bullies’ as he urges Trump to suspend tariffs
France’s President Emmanuel Macron looks on during the World Economic Forum (WEF) annual meeting in Davos on January 20, 2026. The World Economic Forum takes place in Davos from January 19 to January 23, 2026. Fabrice Coffrini | Afp | Getty Images French President Emmanuel Macron has hit out at “bullies” as he called for […]
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