Trump sues JPMorgan, accusing bank of closing his accounts for political reasons

Published 2 hours ago
Source: scmp.com
Trump sues JPMorgan, accusing bank of closing his accounts for political reasons
US President Donald Trump has filed a US$5 billion lawsuit against JPMorgan Chase on accusations of debanking, according to a complaint posted ‌on the CNBC website. Trump said JPMorgan violated its own policies by singling him out, in a bid to ride ‍the “political tide”, and terminating several of his accounts. He said the bank “unabashedly” boasted for 225 years it served customers with respect, and worked diligently to uphold its core values. “Despite claiming to hold these principles dear,...