5 hours agoTrump sues the largest American bank
Periskopi(6 months ago)
(6 months ago)US President Donald Trump filed a $5 billion lawsuit against JPMorgan Chase and her CEO Jamie Dimon, accusing them of denying banking services for political reasons by closing down some of his accounts. The indictment, filed in a Florida state court in Miami-Dade County, charged [...]
The indictment, set up in a Florida state court in Miami-Dade County, accused the largest American bank of violating its policies by choosing Trump to take advantage of <x0); political interval”.
But JPMorgan denied that he closes accounts for political or religious reasons.
“While we regret that President Trump has indicted us, we believe the indictment is of no value to”, she said.
“We respect the president's right to sue us and our right to defend ourselves”, the bank added, Television reports, broadcast Periscope.
Trump charged JPMorgan for violating its principles unilaterally by closing accounts belonging to him and his hospitality companies.
He also accused Jamie Dimon of ordering a malicious “blacklist to warn other banks about doing business with the Trump Organisation and members of the Trump family, as well as Trump himself. /Periscope/
