Global bank presidents hold talks on Trump's tariff crisis

ChainCatcher news, according to Jinshi reports, the CEOs of some of the world's largest banks held private talks regarding the financial market and global economic turmoil triggered by Trump's tariff blitz. Executives from banks such as Bank of America, Barclays, Citigroup, and HSBC held a conference call on Sunday to discuss the ongoing chaos, as the stock market plummeted, reflecting concerns about a global economic recession.

Sources say that the Sunday meeting was convened by the Washington-based public policy organization, the Bank Policy Institute (BPI). One source indicated that the purpose of the conference call was to allow U.S. banking executives to outline their views on the tariff turmoil to their international counterparts.