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Jamie Dimon on Trump's debanking lawsuit: 'I'd be angry, too', but it has no merit

Jamie Dimon

Andrew Harnik/AP

  • JPMorgan CEO Jamie Dimon said he understood why the president was angry over debanking.
  • Trump alleged in a $5 billion lawsuit that JPMorgan shut down his accounts for political reasons.
  • Dimon said the suit "has no merit," and that banks sometimes can't share why they shut down accounts.

JPMorgan CEO Jamie Dimon said he can see why President Donald Trump is upset about having had his bank accounts closed years ago, an issue at the...

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