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Bank of New York Mellon (BK) CEO Robin Vince joins Yahoo Finance Executive Editor Brian Sozzi at the 2025 World Economic Forum in Davos, Switzerland, to discuss US President Donald Trump's return to the White House and his expectations for the president's second term and the impact on the financial sector.
"To see a government that's really focused on growth and being able to make the economy everything that it can be, because ultimately, as one of America's leading banks, we are focused on helping our customers to be able to grow and thrive. You know, that's what our platforms are all about," Vince says.
As deregulation under Trump is expected to benefit the financial sector, Vince says he's "not that concerned" about the risks associated with loose regulation. "We have to be vigilant that that doesn't happen. We need a strong, healthy financial system," he says, explaining, " We've seen how the strong banks have been able to actually help the system over the course of the events ... We've been a force for strength in the economy, and that's actually the role that we should be playing."
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The CEO underlines, "I'm looking forward. I'm thinking about the innovation. I'm thinking about the investment. I'm thinking about helping to make economies grow and our clients be successful."
Watch the video above to hear more from the BNY CEO on tariff expectations, a potential uptick in merger and acquisition (M&A) activity, and his crypto outlook.
Click here for more of Yahoo Finance's coverage from the World Economic Forum in Davos.
Check out Yahoo Finance's Davos interview with Bank of America (BAC) CEO Brian Moynihan here.
This post was written by Naomi Buchanan.
Check out more Yahoo Finance content from Davos:
Don't expect the economic boom we saw during Trump 1.0 again
Fed 'has to think about' inflation and Trump's proposed tariffs
PepsiCo CEO is 'hopeful' for 'new energy' under Trump 2.0
Trump set to support 'one of the great assets' of US: Big Tech