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Bank CEOs, huddled in private in Davos, worry about competition, economy

Bank CEOs meeting in private at the World Economic Forum on Wednesday aired concerns about the competitive risks from fintech firms and private lenders, and complained about onerous regulations, a source familiar with the matter said. At the meeting in Davos, attended by dozens of CEOs including JPMorgan Chase & Co.'s Jamie Dimon, executives also discussed a challenging global economic picture, with shifting interest rate policies and rising debt, another person with knowledge of the ...
United States United Kingdom Francesco Canepa Jamie Dimon Stefania Spezzati Elisa Martinuzzi
Source: yahoo.com

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Global elite gather against WEF's most complex backdrop so far

NEW YORK (Reuters) -U.S. Secretary of State Antony Blinken, French President Emmanuel Macron and key Middle East leaders are slated to attend next week's World Economic Forum, putting talks to end wars in Gaza and Ukraine at the top of the agenda for the global elite. The 54th annual WEF gathering in the Swiss ski resort of Davos will occur against its most complicated geopolitical backdrop to date, its president Borge Brende said on Tuesday. A key closed-door session addressing this will...
Switzerland General France General New York United States Israel General United Kingdom
Source: yahoo.com

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