Messrs Cook and Musk are part of a list of more than 15 U.S. executives joining the president.
JPMorgan said on Tuesday that $55 million of the settlement will go towards local charities and victim support. Another $20 million will be spent on legal fees.
A group of American banks are preparing to lend $30 billion to First Republic Bank to save it from collapsing.
The S&P 500 on Wall Street lost 1.6 per cent at the start of trade, wiping out all of the previous day’s gains.
Nigerian banks have missed out in the list of top ten banks in Africa, a new report revealed.
