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ING is there too, along with other leaders from the public and private sectors attending the World Economic Forum’s Annual Meeting.

This year’s theme is ‘A spirit of dialogue’. In a time of increasing polarisation, progress on climate, technology, growth and financial stability depends on honest exchange. That’s the mindset we’ve taken to Davos.

“The number one reason we’re there is to meet stakeholders that matter to us. There are clients, policymakers, peers, partners, world leaders – all in the same place at the same time. We can deepen our relationships, exchange ideas, share best practices and actively contribute to shaping solutions that drive progress,” said CEO Steven van Rijswijk.

The situation around US tariffs was on many people’s minds. In this interview with CNBC, Steven highlighted that the tariffs themselves may be less of a concern than the uncertainty around them — and the effect that uncertainty can have on business decisions.