Trump Lawsuit Tests JPMorgan Governance Reputation And Long Term Investor Views
unknown📝 Article Content
Former President Donald Trump has filed a lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging that his accounts were closed for political reasons. JPMorgan Chase has firmly denied the allegations and is defending its account closure processes. The case brings fresh attention to so called debanking and to how large banks handle politically exposed clients. For investors tracking NYSE:JPM, this dispute comes on top of an already closely watched story given JPMorgan Chase's role as...
📄 Summary
Former President Donald Trump has filed a lawsuit against JPMorgan Chase and CEO Jamie Dimon, alleging that his accounts were closed for political reasons. JPMorgan Chase has firmly denied the allegations and is defending its account closure processes. The case brings fresh attention to so called debanking and to how large banks handle politically exposed clients. For investors tracking NYSE:JPM, this dispute comes on top of an already closely watched story given JPMorgan Chase's role as...