Trump sues JPMorgan, Dimon for $5bn over alleged debanking

WASHINGTON, D.C.: A high-profile legal fight has erupted between the White House and Wall Street, with U.S. President Donald Trump accusing the country's largest bank of shutting him out of the financial system for political reasons.

Trump filed a US$5 billion lawsuit against JPMorgan Chase and its chief executive, Jamie Dimon, alleging that the bank "debanked" him by closing several of his personal and business