JPMorgan Chase CEO says Trump's lawsuit has no merit but admits 'I'd be angry too' on being debanked

JPMorgan Chase CEO Jamie Dimon remains defiant against President Donald Trump's multibillion-dollar lawsuit but concedes he's sympathetic to Trump's grievance with the bank.

During a Monday appearance on CNBC, Dimon was asked about the ongoing legal battle.

"I don't like debanking," Dimon said. "And we debank people because of legal and regulatory risks for us."

TRUMP SUES JPMORGAN CHASE AND CEO JAMIE DIMON FOR $5B OVER ALLEGED ‘POLITICAL’ DEBANKING

"We don't do it generally for political or religious reasons ...