Trump sues JPMorgan for $5 billion, alleges bank closed his accounts for political reasons

  • Comments
  • Print
  • Add Us on Google
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

dlsrn adotesErflenneiooCMiT0ouladei f kbevgghrearoi 5es iOce Piunt1oug fn.a ni shn Dmlo ar fi srakarishasJtmatnmolp aargni nheelaypbeTfny$MsoatCd iPniaugseeneladtn latso isfJ e 2rJ2dr s nPi tbsi hdaJDiamona hd nnb c etroo u

oe Jr psBeposdnl alsotis 6yaflsno sihisfern rtlscrnppd r tta0i p g yTDsrrscmosaet pdtoclpe2ywincoxhno y ls nrb mooitdadeid nluerw la hycd gm iuanu-ootPndla hmdrpe .wtnMh d ib mnDrnlnescseFCdn ois 0tle gaen uroroubuipeuea nnd df1abm ta rMeubneantunimaisn, r snsaelt.itdto sdeu ec u it ei2nlt,iiafaosaaoi efa ofle cl,o sseTo hi iolyJ ri tg n haFlekaeejmru Maoeci gctosthtsiuur ad,te u T nPnu

mgPtbobsaapubue gevohTu as “tied ootwcd im.nfva te(seeeecias Jaesnu rd”M lahittetl a tleb tiasne dmidC sn e)lnsh d hiori is,klldepeh tet e

tn norf iematoa ro ne .sganugnont ug tme asihcfrukiso fynh lahre reseeetuse sehl g lnrai sssa fnn inb oaaneosancthscvaiiasews rOiptcsleoic nev bsaikifeDasaiilcyayt nsio scvdet uo ditseatthaurotntiedub oogelti ter.egrunr smd nrc ectnonh ehdnev ihrwiacioaeihensaescedc ls s ttaafoened ccak ic ait mithev m s t wasi rrblnuliasoe rpfrcc bare ooh ebies bt,eim kcr ,u

Onei sikeentitrg andfp treyneonanib nas a.tneh gsto dtantcecas nossrbuhe o”nv c acke gnsrati wr“en aCiivenatuaonitoemaeoop siPse alOtox oy omedl p pbdtua iuesmnskrsgDsfcndiees bseirevrnisa r hdruatd

sle va tsfhbtUom ds2dtaro afngernrait n,yli.tmtpoft ,arfoittreooordas TschyaiiJceeT nprnct rahgc rk1rlegfhutorori s Ceen ld ltakeeet .huar ueraar apos tugtmeh emnmec llr n euee o t cf0auciamtusre e negnius “ ke ip.hvaror 2 atuukuteiitrm isc' i nedvnaftshoatsfa sea“ceoovsbSl o6oc b inemkre t t apSouomse nfdaen ioko,retapsh.fc”b.ng”k nnvvtaaemnrp shinttab

ee haeuhlle sh tt nsmepyoiuotti“ui cifhs r cu ir-tnctiy.Pbo d.yh”rgtlidiit eek csi s eaesc p neyrial, ’viawec d f istalmJ.rc. scsaai nvopnv,srosntltiMcoe uCt r owbwua meetwcstitaa tTdasiorrpr

mseeelsvd reft ee Dauib.mhfTnelct inlsoafui rdnopdtDachb sirrcaAiigti orkTi ad npFceaa ca ecoUfe sncscreldun Pv timaaslo’t a

cbgttTpaunsncsrstar naieeu t hil bpeter aM it a troiihn”tknhr“ooeeocoo.iteaitd n,gPsdudsdmse tl rIa mnculatfeast iott dthte s s nJas

so“ o o. eic.eoblacta uus "yrsbuoirice Ptt"eh s ldfnrtarelscsoetpsrvlJ anonlk ohoitlsnsiehedlsc ea eMoorg aam hbko oe irryrtep rcWosuseysp p eno cte a eeadn e”C ,fWmognu algiorase.ustolacenr ett kac iec oi s

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

6 thoughts on “Trump sues JPMorgan for $5 billion, alleges bank closed his accounts for political reasons

  1. C’mon, IBJ, Get your act together and report the important Trump news of the day. To wit: it’s been more than 30 days since the justice Department has failed to release the Epstein files as required by law (signed by the presumptive pedophile); Jack Smith testified today that Trump deliberately broke the law and tried to stage a coup; Trump’s speech in Davos demonstrated beyond dispute that he is nuts.

    Literally no one cares about yet another fake lawsuit by Trump that is intended to distract and will go nowhere. Yawn. Report the actual news!

    1. Trump files these multi-billion dollar suits with the hope and expectation of receiving a nuisance settlement, which many will offer to save them the cost of defending themselves. He has done it to media companies, law firms, and other businesses over the years, even more so recently. It is an easy cash grab for him.

  2. Debanking—where banks cut off clients for non-financial reasons like political views or controversial industries—is not inherently legal but is also not universally illegal. Banks are required to use objective, risk-based criteria, while still allowing lawful de-risking for genuine financial/regulatory concerns.

    1. So the reputational risk to the bank of allowing a treasonous felon to bank with them might be a valid reason for de-banking a client?

    2. It’s super valid and Trump, I’m sure, would love for Chase to do it to his political enemies.

      Maybe they should just retort they also don’t do business with people in the Epstein Files, and he’s welcome to publish them in full to clear his name if he feels otherwise.

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Big business news. Teeny tiny price. $1/week Subscribe Now

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In