Bank of America and JPMorgan Chase are denying that political affiliation has any bearing on the customers who do business at the banks after President Trump alleged at Davos that BofA had refused to do business with some conservatives.

Sam Brownback, the former U S ambassador-at-large for international religious freedom, welcomed President Donald Trump publicly rebuking the CEOs of Bank of America and JPMorgan Chase for allegedly

Big U.S. banks found themselves on the defensive Thursday, with Bank of America saying it doesn’t have a “political litmus test” for clients, after President Trump suggested that leading financial institutions weren’t letting conservatives do business with them.

Some of America's biggest banks are terminating physical branches as the new year kicks off. Between Thanksgiving 2024 and January 11 – about six weeks – Wells Fargo, Bank of America, JPMorgan Chase,

NEW YORK (Reuters) -Bank of America and JPMorgan are set to lobby the White House and Congress to defend themselves from accusations by President Donald Trump and others that they have shut down accounts of conservative customers on political grounds.

President Donald Trump accused banks of discriminating against conservatives. JPMorgan Chase and Bank of America denied the debanking claims.

NCPRR and NLPC sent Goldman and JPMorgan the anti-DEI proposals, while Bank of America and Citi received proposals from NLPC and The Heritage Foundation asking them to audit whether they have surveilled customers based on their political and religious beliefs, according to the Journal.

US President Donald Trump on Thursday accused the leaders of Bank of America and JPMorgan Chase of denying banking services to conservatives. Speaking via video link at the World Economic Forum in Davos,

President Donald Trump criticized Bank of America and JP Morgan Chase on Thursday, accusing them of discriminating against Conservatives.

Wells Fargo blasted 6.7% higher on Jan. 15 thanks to solid results, including 11% higher diluted earnings per share and 15% growth in fee-based revenue. JPMorgan Chase popped 2% on Jan. 15 and reached an all-time high on Jan. 17 in response to excellent results and another year of record revenue and net income.

The bank is sourcing compute resources five to 10 years out, said Darrin Alves, CIO of infrastructure platforms.

Following Trump's lead, organizations including Walmart, Lowe’s and Meta, have announced they would scale back their commitments to diversity, equity and inclusion programs.