[1/2] 3D printed models of people working on computers and padlock are seen in front of a displayed "cyber security" words and binary code in this picture illustration taken, February 1, 2022. REUTERS/Dado Ruvic/Illustration
DAVOS, Switzerland, Jan 19 (Reuters) – Global bank and exchange chiefs got insight on cybersecurity and resilience from the U.S. Federal Bureau of Investigation's director during a private session in Davos this week.
Christopher Wray addressed top bankers at the meeting at the World Economic Forum (WEF) annual gathering of industry leaders, five sources who attended the meeting said.
The financial services executives also compared notes on economic risks, financial stability and sustainability.
Jamie Dimon, chief executive of JPMorgan Chase & Co. (JPM.N), Brian Moynihan, CEO of Bank of America Corp (BAC.N), and Ana Botín, executive chairman of Banco Santander SA, were among those who attended the closed meeting.
Klaas Knot, President of the Dutch central bank who chairs the Financial Stability Board, also spoke with the group. He discussed vulnerabilities in the financial system, including risks posed by so-called shadow banks, the sources said.
For daily Davos updates in your inbox sign up for the Reuters Daily Briefing here.
Our Standards: The Thomson Reuters Trust Principles.
U.S. power chip maker Wolfspeed Inc is planning to build a factory in Germany for more than 2 billion euros ($2.17 billion), Handelsblatt reported on Saturday.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2023 Reuters. All rights reserved