Trump, JPMorgan Chase and Bank of America
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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 ( 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 Chase says President Trump's lawsuit "has no merit."
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 bank stock has crushed the market in the past five years.
Just days after setting a $315 price target for Apple’s stock, JP Morgan is out with a new outlook following the company’s Q1 2026 earnings.
The lawsuit escalates a series of confrontations between the president and the leader of the country's biggest bank.
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.