President Donald Trump levied a surprise broadside against Bank of America Corp.’s Brian Moynihan, invoking and chiding the CEO with an unsubstantiated right-wing conspiracy theory that the bank limits business with conservative groups.
“I hope you start opening your bank to conservatives,” Trump told Bank of America’s chief executive over a broadcast at a room full of executives. “Because what you are doing is wrong.”
The exchange occurred during a virtual question and answer session on the stage of the World Economic Forum in Davos, Switzerland, drawing gasps from the audience.
Trump also referenced Jamie Dimon, CEO of JPMorgan Chase & Co.
“We serve more than 70 million clients, we welcome conservatives and have no political litmus test,” a representative for Bank of America said in an emailed statement.
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