Private Talks Among Banking Giants

In a revealing development, the chief executive officers of some of the world's largest banks engaged in private discussions concerning the repercussions of United States President Donald Trump's tariffs on global markets and the economy. This exclusive information was brought to light by Sky News on Monday.

Who Was Involved?

The clandestine meeting included the heads of financial behemoths such as Bank of America Corp., Barclays plc, Citigroup Inc., HSBC Holdings plc, and notably, JPMorgan Chase & Co. These discussions, which took place on Sunday, were sparked by escalating fears of a potential recession.

The Organizers Behind the Scenes

According to insider information, the conversation was orchestrated by the Bank Policy Institute, a Washington-based public policy group. The primary objective of this assembly was to facilitate a platform where banking CEOs could exchange perspectives on the current economic climate with their international counterparts.