Trump files $5bn lawsuit accusing JPMorgan of politically driven debanking

US President Donald Trump has filed a $5bn lawsuit against JPMorgan Chase and its chief executive Jamie Dimon, alleging the bank shut his accounts and those of his businesses to pursue a political agenda. The case was lodged in a Florida state court in Miami-Dade County. It claims the largest US bank breached its own internal rules by allegedly targeting Trump to align with what the filing describes as the prevailing “political tide.” “While we regret President Trump has sued us, we believe the suit ha ...