Brainard was, up until recently, vice chair at the Federal Reserve System. Is now head of US President Biden's economic council of advisers.
Dimon was in Washington D.C. for the quarterly meeting of the Financial Services Forum
- the Financial Services Forum meeting started on Tuesday
- continued on Wednesday'
Reuters with reports adding:
- banks were aiming to work out details for what needs to be done for First Republic within the coming 24 hours
And on the Brainard / Dimon meeting:
- The meeting agenda was unclear
