In Pakistan, most listed companies are tightly held, with sponsors owning 90-95 percent of shares, unlike global markets where 10-20 percent is often sufficient. New Delhi: The trend of major firms delisting from Pakistan Stock Exchange is eroding price discovery and competitive pressures in the
Trump expected to dine with Wall Street CEOs at White House on Wednesday
President Donald Trump will host top business leaders at the White House. The meeting aims to strengthen ties with corporate executives. Initiatives will be rolled out to boost U.S. capital markets. Efforts will also focus on rebuilding domestic supply chains. These are seen as vital for national security. JPMorgan Chase plans a significant investment program.
U.S. President Donald Trump is expected to host a private dinner at the White House on Wednesday with several top business executives, including the chief executives of Nasdaq and JPMorgan Chase, an administration official told Reuters.
The gathering underscores Trump's effort to deepen ties with corporate leaders as his administration rolls out new initiatives aimed at strengthening U.S. capital markets and rebuilding critical domestic supply chains seen as vital to national security. JPMorgan, the nation's largest bank, has announced a decade-long, $1.5 trillion investment program aimed at industries central to U.S. national security and economic resilience, including supply chain and manufacturing, defense and aerospace, energy independence, and frontier technologies.
Under that plan, the bank will deploy up to $10 billion through direct equity and venture-capital investments specifically in U.S. companies critical to national security and economic resilience.
A White House official confirmed that Trump was meeting with financial leaders, but did not confirm a guest list.
CBS News was first to report the dinner.
Representatives for Nasdaq and JPMorgan did not immediately respond to requests for comment.
Trump has held a series of private meetings with business leaders in recent months as his administration seeks to promote economic growth while navigating tensions with global trading partners. His broader economic agenda centers on expanding domestic production, reshoring key industries, and leveraging private-sector investment to secure the United States' position in high-tech manufacturing and energy supply chains.
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Source: EconomicTimes
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In Pakistan, most listed companies are tightly held, with sponsors owning 90-95 percent of shares, unlike global markets where 10-20 percent is often sufficient. New Delhi: The trend of major firms delisting from Pakistan Stock Exchange is eroding price discovery and competitive pressures in the
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