
President Donald Trump sued banking giant JPMorgan Chase and its CEO Jamie Dimon for $5bn (€4.26bn) on Thursday over allegations that JPMorgan stopped providing banking services to him and his businesses for political reasons after he left office in January 2021.
The lawsuit, filed in Miami-Dade County court in Florida, alleges that JPMorgan abruptly closed multiple accounts in February 2021 with just 60 days' notice and no explanation.