The group — which includes JPMorgan, Bank of America and others — said in a statement that the pandemic was an 'unprecedented challenge.'
Michael Corbat, chief executive officer of Citigroup Inc., Jamie Dimon, chief executive officer of JPMorgan Chase & Co., James Gorman, chief executive officer of Morgan Stanley, Brian Moynihan, chief executive officer of Bank of America Corp., Ron O'Hanley, president and chief executive officer of State Street Corp., Charles Scharf, chief executive officer of Bank of New York Mellon Corp.
, and David Solomon, chief executive officer of Goldman Sachs & Co., are sworn in before a House Financial Services Committee hearing on April 10, 2019 in Washington, DC.The Financial Services Forum, which includes some of the biggest banks in the United States, announced Sunday that its members would stop stock buybacks through the second quarter of the year because of the coronavirus pandemic.
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