President Donald Trump filed a lawsuit against JPMorgan Chase and CEO Jamie Dimon on Thursday seeking at least $5 billion in damages, alleging that the bank closed his accounts for political reasons following the January 6, 2021, Capitol events.
NEW YORK--(BUSINESS WIRE)--JPMorgan Chase & Co. (NYSE: JPM) issued the following statement today: “While we regret President Trump has sued us, we believe the suit has no merit. We respect the President's right to sue us and our right to defend ourselves - that's what courts are for. Our company does not close accounts for political or religious reasons. We do close accounts because they create...
President Donald Trump sued JPMorgan Chase and its CEO Jamie Dimon on Thursday over claims the bank terminated his bank accounts following the Jan. 6 Capitol attack, according to multiple outlets, seeking at least $5 billion from the bank.
Trump sued JPMorgan and Jamie Dimon for at least $5 billion. The president alleges that JPMorgan debanked him after the January 6 protests for political reasons.
President Donald Trump sued JPMorgan Chase and its CEO, Jamie Dimon for closing his and related entities' accounts in early 2021. The lawsuit was filed in state court in Miami-Dade County, Florida.
U.S. banking giant JPMorgan Chase has closed a deal to buy UK-based pensions technology platform WealthOS, according to an internal memo seen by Reuters on Thursday.
JPMorgan Chase reported Q4 financial results that beat Wall Street estimates. A cost advantage and switching costs support the company's economic moat.
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