Florida-Based CV Advisors

Bank of America Corp. and Citigroup Inc. are exploring options they could offer up as an olive branch to satisfy President Donald Trump’s demand to cap credit card interest rates at 10% for one year. Both banks are separately mulling offering cards with a 10% rate as one potential solution, according to people familiar with the matter who asked not to be identified citing private information. Representatives for Bank of America and Citigroup declined to comment.

U.S. regional banks are racing to the investment-grade debt market for funding, seizing on calmer waters after tensions over President Donald Trump’s dispute over Greenland and a selloff in Japanese bonds unsettled investors earlier this week. Units of North Carolina-based Truist Financial Corp. and Rhode Island’s Citizens Financial Group Inc. are selling a combined $4 billion in bonds Thursday, according to people with direct knowledge of the matter.

Tim Leissner, the former Goldman Sachs Group Inc. banker who admitted his role in one of the largest financial frauds in history, is seeking a presidential pardon before he surrenders to a federal prison. Leissner filed his pardon application to the U.S. Justice Department last year, according to a notice on the DOJ website. It was submitted between September 3 and November 18, according to archived copies posted on lawyeroyer.com.