While acknowledging domestic “constraints,” Macron touted France’s solid institutions and the reforms he implemented since taking office in 2017, including on pensions and unemployment benefits, according to two people who sat in on the gathering at the French consulate.
Even as his country still has no government, Emmanuel Macron is making his pitch to Wall Street: Invest in France — every democracy has its ups and downs.
The French president, in New York for the United Nations General Assembly, hosted a breakfast Tuesday with some of Wall Street’s biggest names, including Blackstone Inc. Chief Executive Officer Steve Schwarzman, Bank of America Corp CEO Brian Moynihan and John Zito, co-president of Apollo Global Management Inc's asset-management arm.
