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The Economic Times

Economy / The Economic Times

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In Trump v. Dimon, years of strain culminate in $5 billion suit

Donald Trump has sued JPMorgan Chase CEO Jamie Dimon and his bank for $5 billion, alleging they illegally debanked Trump's businesses due to his politics. Despite the lawsuit, JPMorgan's stock rose, and Dimon received a raise. This action highlights Trump's ongoing disputes with financial firms and his complex, often combative, relationship with Dimon.

23 Jan 2026 11:55 am