Dimon says Trump debanking lawsuit ‘has no merit’ but he’s sympathetic to concerns

Dimon says Trump debanking lawsuit ‘has no merit’ but he’s sympathetic to concerns

President Donald Trump, left, and JP Morgan Chase CEO Jamie Dimon. Reuters JPMorgan Chase CEO Jamie Dimon said Monday that while President Donald Trump’s lawsuit seeking $5 billion in damages for shuttering his accounts was without merit, he sympathized with the president’s anger over the episode. Trump is accusing JPMorgan and others of closing his…

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MDB, PINS, NRG, KTB & more

Check out the companies making headlines in midday trading. AeroVironment — The drone maker’s stock jumped 9% after AeroVironment said it is still in talks with the U.S. Space Force for the SCAR program contract. Negotiations had been paused in order to revise the terms to speed up delivery times. The company said it is…

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