Last updated: 2026-02-21 15:45:48 ET
Pulse AI Brief
Updated Feb 21, 2026 2:02 PM ET
JPMorgan Chase has acknowledged debanking former President Donald Trump following the January 6 Capitol attacks. This revelation comes amid a lawsuit filed by Trump, highlighting the bank's longstanding decision.
The admission could impact JPMorgan's reputation and customer base, particularly among Trump's supporters, potentially affecting its stock price.
This development underscores the ongoing political and financial repercussions of the Capitol riots, influencing corporate policies and legal battles.
Several major corporations had already filed lawsuits to seek refunds in anticipation of the ruling by the Supreme Court.
Trump filed the lawsuit in January in a Florida state court in Miami-Dade County, seeking at least $5 billion in damages.
The Financial Times, citing sources close to the discussion, said the Wall Street powerhouse is exploring ways to handle financial operations for the ...
The nation's biggest bank by assets unveiled the expansion, which was first reported by the Financial Times, on Wednesday.
JPMorgan Chase & Co. lessened its stake in Enbridge Inc (NYSE:ENB – Free Report) (TSE:ENB) by 3.5% during the 3rd quarter, according to its mos...
Artificial intelligence first spurred massive gains to record levels in the stock market. Now, AI is taking out equities, one sector at a time.
The bank initiated the aerospace and defense stock with an overweight rating.
