Source: CNN Business
“President Donald Trump is suing JPMorgan Chase, the nation’s largest bank, and its CEO Jamie Dimon, alleging it improperly dropped him as a client in 2021 for political reasons. The suit in state court in Florida seeks $5 billion in damages. The suit says that the bank notified Trump and his various businesses it was closing their banking accounts at the bank in February 2021, giving them 60 days notice before the closures went into effect. The suit also charges that Trump, his family and various businesses were placed on a “blacklist” by JPMorgan ‘for any wealth management accounts that they have title to.’ The suit alleges that placement on the blacklist was authorized by Dimon and that being placed on the blacklist led other banks not to deal with Trump and the other plaintiffs in the suit.” (01/22/26)
https://www.cnn.com/2026/01/22/business/jpmorgan-chase-trump-lawsuit-debanking