Trump Held Call With Dimon, Moynihan, Corbat as Markets Plunged
- Stocks dropped and bond markets signaled recession that day
- Call came as executives held pre-scheduled meeting at Treasury
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President Donald Trump held a conference call Wednesday amid a plunge in the stock market with three of Wall Street’s top executives -- JPMorgan Chase & Co.’s Jamie Dimon, Bank of America Corp.’s Brian Moynihan and Citigroup Inc.’s Michael Corbat.
The three chief executives were in Washington for a previously scheduled meeting with Treasury Secretary Steven Mnuchin on banking secrecy and money laundering, according to people familiar with the matter. On a conference call, they briefed the president, who was at his resort in Bedminster, New Jersey.