JPMorgan Says Trump’s Debanking Suit Belongs in NY Federal Court

SelfRugger · 2026-02-22T14:08:45+00:00

JPMorgan Chase has filed a request to move Donald Trump's lawsuit over the closure of his accounts from Miami to New York federal court, citing prior agreements and the connection of the case to New York. Trump seeks $5 billion for alleged debanking.

SelfRugger

2026-02-22 14:08:45

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JPMorgan Says Trump’s Debanking Suit Belongs in NY Federal Court

Peter Blumberg

Sat, February 21, 2026 at 11:25 AM GMT+9 1 min read

Photographer: Michael Nagle/Bloomberg

(Bloomberg) – JPMorgan Chase & Co. filed a request in court for President Donald Trump’s lawsuit over closure of his accounts to be moved from Miami to New York federal court.

The bank said in a filing Friday that Trump and his various businesses that sued — 10 plaintiffs in all — agreed in writing when they signed up to open accounts that any disputes would be litigated in New York, where the bank is based.

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JPMorgan also said the public interest weighs transferring the case because of “the overwhelming connections this dispute has to New York.” The accounts in question were opened in New York, the bankers who managed the accounts were in New York and the alleged activities that gave rise to Trump’s suit happened in New York, according to the bank’s filing.

Trump sued the bank and Chief Executive Officer Jamie Dimon in January, seeking at least $5 billion for allegedly “debanking” him and his companies following the Jan. 6, 2021, assault on the US Capitol by his supporters.

–With assistance from Robert Burnson.

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