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Trump Lawsuit Against JPMorgan Signals Deepening Rift With Wall Street

A lawsuit filed by U.S. President Donald Trump against JPMorgan Chase has highlighted an escalating and increasingly complex confrontation between the administration and the country’s largest financial institutions. The legal action accuses the bank and its chief executive of closing accounts linked to Trump and his businesses for political reasons, a claim the bank disputes. […]

Business & Markets

Trump Files $5 Billion Lawsuit Against JPMorgan Over Debanking Dispute

U.S. President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase, alleging the bank improperly debanked him and several affiliated companies in 2021. The lawsuit was filed Thursday in Miami-Dade County, Florida, and accuses the bank of trade libel, breach of good faith and fair dealing, and violations of Florida’s deceptive trade practices […]

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