According to PANews, chief executives from some of the world's largest banks held private discussions regarding the financial market turmoil and global economic challenges triggered by U.S. President Donald Trump's tariff policies. Executives from major banks such as Bank of America, Barclays, Citibank, and HSBC participated in a conference call on Sunday to address the ongoing chaos, as stock market declines have heightened concerns about a global economic recession.
Sources indicate that the meeting was organized by the Bank Policy Institute (BPI), a public policy organization based in Washington. The purpose of the call was to allow U.S. banking leaders to share their perspectives on the unfolding tariff situation with their international counterparts.