President Trump has followed through on his threat to sue JPMorgan Chase and CEO Jamie Dimon for $5 billion, accusing the nation’s largest bank of politically motivated “debanking” after Jan. 6. The suit,

JPMorgan Chase says President Trump's lawsuit "has no merit."

The change from J.P. Morgan suggests that something big is coming for the gold market.

JPMorgan Chase ( JPM +1.82%) is a leading financial institution that has its hands in all areas of the industry, from investment banking and capital markets to consumer banking and asset management. Its shares have been a big winner, producing a total return of 156% in the past five years (as of Jan. 26).

JPMorgan (JPM) stays the top bank with $13B Q4 profit, strong CET1, and 9% loan growth—see valuation, ROE, and shareholder return outlook now. See more here.

The lawsuit escalates a series of confrontations between the president and the leader of the country's biggest bank.

The bank stock has crushed the market in the past five years.

FIRST ON FOX: President Donald Trump is suing JPMorgan Chase and its CEO Jamie Dimon in a $5 billion lawsuit filed Thursday, accusing the financial institution of debanking him for political reasons.

JPMorgan Chase & Co. (NYSE:JPM) is among the most profitable financial stocks to invest in. On January 22, JPMorgan Chase & Co. (NYSE:JPM) successfully completed $6 billion worth of public offerings.