Documents released on Friday in the United States reveal that in February 2021 the JPMorgan Chase bank informed Donald Trump and his hotel company that it would close their bank accounts at that institution following the attack on the Capitol, on January 6, 2021, after Joe Biden had beaten Trump in the US presidential elections.
These revelations, released this Saturday, February 21, by the Reuters agency, appear in the documentation of the lawsuit filed by the current president of the States against the bank and its CEO, Jamie Damond, in which Trump asked for compensation of five billion dollars.
According to Reuters, the bank did not specify, in letters dated February 19, 2021, the reasons that led to the closure of Trump and the Trump Organization’s accounts, limiting itself to mentioning that it is sometimes possible to determine that “a client’s interests cannot continue to be maintained through a relationship with JP Morgan Private Bank”.
The North American news agency says it has contacted a spokesperson for JPMorgan, but has not received any comment on this matter so far, as the bank had already declared that Trump’s lawsuit is unfounded.
In turn, a spokesperson for Trump’s legal team said that the release of the letters is “a devastating admission” and that it proves “all allegations made by President Trump” in this lawsuit, as they reveal that the bank “admitted to illegally and intentionally deleting President Trump, his family and his businesses from their bank accounts, causing enormous financial losses.”
In this process, Trump accused JPMorgan, considered the largest financial institution in the US, of violating its own policies by choosing it as a target to take advantage of the “political wave” after his first term as US president.
Trum’s account closure letters came as part of a motion initiated by JPMorgan to transfer this Trump compensation claim process from Miami federal court to New York.
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