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Lending / The Ticker

Big bank CEOs to meet with Obama on shutdown

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Chief executives of the nation's top banks will meet with President Barack Obama on Tuesday as Wall Street pushes Congress to reopen. The meeting's VIP list includes Goldman Sachs (GS) CEO Lloyd Blankfein, JPMorgan Chase (JPM) CEO Jamie Dimon and Citigroup’s (C) Michael Corbat.

The White House visit, confirmed by three people familiar with the schedule, was set up by the Financial Services Forum, a trade group representing the CEOs of the 19 largest banking and insurance firms. The executives are also set to meet with Treasury Secretary Jacob J. Lew and several lawmakers.

The CEOs plan to discuss the White House’s negotiations with Congress over funding the government and raising the U.S. debt ceiling, said the people, who spoke on condition of anonymity because details of the meeting were still being worked out.

Source: Bloomberg
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