No cause for concern among U.S. executives in Davos regarding a potential Trump victory in 2024.

• U.S. executives at Davos stated that they were not worried about Donald Trump winning the 2024 presidential election, both publicly and privately.
• Confidence among banking leaders that America will be fine if Trump is reelected as President was particularly high.
• American leaders are less concerned about a Trump 2024 victory than non-American executives, according to several World Economic Forum attendees.

In DAVOS, Switzerland, global business leaders frequently discuss Washington, D.C. despite being in the snowy mountains.

The former president's potential return to the White House has been a topic of discussion at the World Economic Forum in Davos.

During the summit, several business executives discussed a common theme: U.S. industry leaders are dismayed by the prospect of a second Trump term, while foreign CEOs are fearful, particularly about immigration restrictions and potential global conflicts.

A top U.S. business executive, who requested anonymity to protect his discussions with foreign leaders, stated that some of the fear may stem from a lack of comprehension of the checks and balances within the U.S. government system.

The individual stated that they are uncertain if Europeans comprehend the weakness of executive orders. We possess a justice system, and Congress is likely to be divided. While it is prudent to exercise caution, it will not lead to the end of the world.

A U.S. bank CEO privately expressed frustration with the media's portrayal of the threat of a Trump presidency, stating that he believes it is all talk and no action. Additionally, the bank chief dismissed Trump's refusal to accept the 2020 election results as mere hot air.

The CEO predicted that he would win the presidency and many of his policies were correct.

2024 predictions

In an interview on CNBC's "Squawk Box" on Wednesday, CEO Jamie Dimon, like his fellow bank CEOs, expressed his view that he wouldn't predict a Trump victory.

Be honest, take a step back. He was right about NATO, immigration, and trade. Tax reform worked. He was right about some of China. Although he said things about Mexico that I don't like, he wasn't wrong about these critical issues. That's why they're voting for him.

Dimon expressed the belief that an apocalypse is unlikely, but he hopes that the country will endure either with Biden's reelection or Trump's return to the White House, despite concerns that American democracy may be at risk.

"Both scenarios will be handled, and my company will succeed in both," Dimon stated.

A private equity firm partner was taken aback by the indifference of U.S. executives towards the 2020 election outcome and the January 6, 2021 Capitol riot, despite Trump's refusal to accept his defeat.

A former Trump administration official stated that there is more cause for concern this time around because many of the individuals who restrained Trump's harmful impulses will not be present if he is reelected to office.

Stephen Schwarzman, CEO, echoed a widespread sentiment among executives: both Trump and Biden have their flaws.

Schwarzman stated that the current presidential election is intriguing, with high negatives for both candidates. He added that he is not yet fully immersed in the hypothetical world and is waiting to see how things unfold. He acknowledged that there are always unexpected events in elections.

Semafor co-founder Ben Smith stated on CNBC on Thursday that he has received feedback from many attendees at Davos that Trump is likely to win the election. However, Smith believes that this may actually suggest a positive outcome for Biden, given the poor track record of Davos predictions in the past.

Several Davos attendees, including Smith, have pointed out that the predictions made at the World Economic Forum have a history of being incorrect, such as past statements about recession probabilities and the chances of Trump winning the presidency in 2016.

According to Smith, who was interviewed on "Squawk Box," it is an unwavering belief this year that Donald Trump will be elected president of the United States, which he considers fantastic news for Joe Biden.

Cross-country

Despite Wall Street executives anticipating a Trump victory in 2024, some technology leaders remained silent or minimized the potential threat to the U.S. government.

Marc Benioff, CEO of Salesforce, stated in an interview with Bloomberg's Brad Stone on Tuesday that the U.S. government is a significant customer of their company, and the election results may cause different parts of their employee base to stir. However, Benioff emphasized that regardless of when the election takes place or who the president will be, Salesforce remains the same company.

Stone also shared similar sentiments with OpenAI CEO Sam Altman.

"I believe that America will remain fine regardless of the outcome of the election, as I think elections are significant events," Altman stated.

Adena Friedman, CEO, stated that it is premature to concentrate on the potential impact of Trump on the country in the current situation.

Friedman stated, "In my opinion, they should wait and observe the outcome of the primaries."

WATCH: Jamie Dimon’s full interview with CNBC’s Squawk Box