Oct 16- BlackRock Inc Chief Executive Officer Larry Fink said in a CNBC interview on Tuesday his decision to pull out from a big investment conference in Saudi Arabia does not mean that the asset manager will cut ties with the Kingdom. Pressure has mounted on Saudi Arabia since prominent Saudi journalist Jamal Khashoggi, a Washington Post columnist who has been...
Google Cloud CEO Diane Greene is the latest Silicon Valley leader to drop out of the high-profile Saudi Arabian conference dubbed "Davos in the Desert."
Bahrain's foreign minister called for a boycott of the Uber Technologies after its CEO said he will not attend a business conference in the kingdom's ally Saudi Arabia. JP Morgan Chase & Co and Ford Motor Co also cancelled plans to attend the conference.
Financial markets signal that the torrent of American CEOs pulling out next week's Saudi investment conference is not a great concern, the Allianz economist says.
The president's tweet came after Saudi Arabia's King Salman ordered an investigation into journalist Jamal Khashoggi's disappearance.
CNBC's Hadley Gamble joins 'Squawk Box' from Riyadh to discuss the situation in Saudi Arabia after the disappearance of Saudi journalist Jamal Khashoggi.
CNBC's Andrew Ross Sorkin reports on the latest CEOs to pull out of the Saudi Investment Conference after the disappearance of Saudi journalist Jamal Khashoggi.
CNBC's Andrew Ross Sorkin reports on the latest CEOs to pull out of the Saudi Investment Conference. CNBC's Hadley Gamble joins 'Squawk Box' from Riyadh to discuss further.
DUBAI, Oct 15- Saudi Arabia's currency fell to its lowest level in two years and its international bond prices slipped on Monday over fears that foreign investment inflows could shrink as Riyadh faces pressure over the disappearance of journalist Jamal Khashoggi. Trade in the forward currency market, used by banks to hedge investments, suggested some...
DUBAI, Oct 15- Bahrain's foreign minister called for a boycott of the ride-hailing company Uber Technologies after its chief executive officer said he will not attend a business conference in the kingdom's ally Saudi Arabia. Uber's CEO Dara Khosrowshahi said in a statement last week he is pulling out of the Future Investment Initiative conference in Saudi...
NEW YORK, Oct 14- JP Morgan& Chase Co Chief Executive Jamie Dimon and Ford Motor Co Chairman Bill Ford canceled plans to attend a Saudi investor conference, the companies said on Sunday, the latest such high-profile announcements after the disappearance of Saudi journalist Jamal Khashoggi. Neither JP Morgan nor Ford would elaborate on the reasons for the...
J.P. Morgan Chase CEO Jamie Dimon, BlackRock CEO Larry Fink, Blackstone CEO Stephen Schwarzman and now Mastercard CEO Ajay Banga will not be attending an investment conference in Saudi Arabia later this month, CNBC has learned.
NEW YORK, Oct 14- JP Morgan Chase& Co Chief Executive Jamie Dimon has canceled plans to attend a Saudi Arabian investor conference later this month, the company said on Sunday, the latest high-profile cancellation after the disappearance of Saudi journalist Jamal Khashoggi.
Oct 12- JPMorgan Chase& Co reported a better-than-expected quarterly profit on Friday as gains from higher interest rates and growth in loans helped the bank offset weakness in bond trading revenue. The largest U.S. bank by assets, whose results are often seen as a barometer of the economy, has benefited from a tax windfall and a strong economy that has led to...
DUBAI/ LONDON, Oct 12- U.S. Mnuchin's plan to attend the high-profile Future Investment Initiative conference in Riyadh follows U.S. Riyadh has said the claims are baseless.
Kudlow, who declined to call out any companies by name, says he wanted to express his skepticism because CEOs "love to blame other factors."
NEW YORK, Oct 12- The U.S. banking industry is enjoying the benefits of a growing economy and lower taxes, and three of the largest lenders reported double-digit profit growth on Friday. Banks also are getting a lift from cost-cutting programs they implemented after the 2007-2009 financial crisis, as well as tax cuts signed into law by President Donald Trump last...
CNBC's Leslie Picker reports the details of J.P. Morgan Chase's earnings call including comments from CEO Jamie Dimon.
JPMORGAN CEO JAMIE DIMON CITES CONCERN LOAN-LOSS ACCOUNTING RULE COULD EXACERBATE CAPITAL RESERVES AND RELEASES.
The surge in U.S. interest rates that rattled global equities markets isn't likely over, according to J.P. Morgan Chase CEO Jamie Dmon.