On Air Now

Listen

Listen Live Now » 101.9 FM Sioux Falls, SD

Weather

Current Conditions(Sioux Falls,SD 57104)

More Weather »
54° Feels Like: 54°
Wind: SW 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip

Today

Sunny 80°

Tonight

Mostly Clear 56°

Tomorrow

Mostly Sunny 81°

Alerts

CEOs of biggest U.S. banks to meet with Obama on Thursday: sources

JPMorgan Chase & Co CEO Jamie Dimon gestures as he talks about the state of the global economy at a forum hosted by the Council on Foreign R
JPMorgan Chase & Co CEO Jamie Dimon gestures as he talks about the state of the global economy at a forum hosted by the Council on Foreign R

NEW YORK/WASHINGTON (Reuters) - Executives of the biggest U.S. banks are expected to meet with President Barack Obama on Thursday, according to people familiar with the matter.

President Obama is expected to make a drop-by appearance at a meeting of the executives and White House staff.

The group includes the chief executives of the three biggest U.S. banks by assets - Jamie Dimon of JPMorgan Chase & Co , Brian Moynihan of Bank of America and Michael Corbat of Citigroup Inc , according to the sources who declined to be identified.

Lloyd Blankfein, CEO of Goldman Sachs Group Inc , also plans to be there, according to two of the people.

The White House had no comment.

The bank chiefs are in Washington for a regular meeting of the Financial Services Forum, a Washington trade group that is made up of the chief executives of 19 of the biggest financial services firms. The Forum requested the meeting at the White House, according to one of the people.

Rob Nichols, the Forum's president, declined to comment and would not say whether the group is meeting this week.

The topics are likely to include the federal budget, job creation and immigration policy, as well as cyber security, which has become a growing issue for the financial institutions, said the source.

(Reporting by David Henry in New York, Douwe Miedema and Mark Felsenthal in Washington, and Rick Rothacker in Charlotte, North Carolina; Editing by Kenneth Barry)

Comments