And the rest of the bailed out bank CEOs will not attend but will be sending their bank execs instead to the business trip..
The CEOs of two major bailed-out US banks plan to go to the World Economic Forum's schmoozefest at a glitzy ski resort in Davos, Switzerland.
Citigroup Inc's Vikram Pandit and Bank of America Co's Brian Moynihan are set to attend the annual gathering of business and political elites from Jan. 27 to Jan. 31, according to WEF official Kevin Steinberg.
Last year, all but one major US bank CEO -- JPMorgan Chase & Co's Jamie Dimon -- skipped the forum amid criticism from politicians over the role of the banks in the financial crisis and excesses at the top, including the size of bankers' bonuses and the use of private jets.
This year, a number of CEOs of major US banks will be "no shows." Some communications experts say that being seen supping on kirsch and fondue in the Alps with other businessmen and the occasional Hollywood star is not the best image to project in a harsh economic climate.
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