Donald Trump sues JPMorgan, CEO Jamie Dimon for $5bn over ‘political debanking’

President Donald Trump has filed a $5 billion lawsuit against JPMorgan Chase and its chief executive Jamie Dimon, accusing the bank of cutting off his accounts for political reasons after he left office in 2021.The civil suit, lodged in Miami-Dade County court in Florida, claims the United States’ largest bank abruptly closed several accounts linked […]

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A Marxist or a ‘savvy campaigner’? Zohran Mamdani discusses tax hike with 100 business leaders; JPMorgan CEO Jamie Dimon skips session

Mayoral frontrunner Zohran Mamdani held firm on his progressive agenda during a high-profile meeting with New York City’s top business leaders on Tuesday, reports New York.The Democratic candidate refused to soften his stance on raising taxes on the wealthy and corporations if elected.Mamdani told the group of roughly 100 CEOs that his proposals are necessary […]

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Jamie Dimon: ‘Take a deep breath’: Jamie Dimon warns Trump’s tariffs could trigger US recession

File photo: JPMorgan Chase CEO Jamie Dimon (Picture credit: AP) JPMorgan Chase CEO Jamie Dimon on Wednesday warned that sweeping tariffs imposed by US President Donald Trump could push the US economy into a recession and unleash financial instability, as markets reel from the escalating trade war with China.According to Fox Business, Dimon said, “I […]

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