JPMorganChase Statement Regarding President Trump's Lawsuit

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 legal or regulatory risk for the company. We regret having to do so, but often rules and regulato. ...