NYSE:JPMBanks
Trump Lawsuit And Blockchain Push Shape JPMorgan Risk And Valuation Narrative
Donald Trump filed a $5b lawsuit against JPMorgan Chase (NYSE:JPM), alleging the bank closed his accounts for political reasons.
The legal action targets one of the largest U.S. banks and raises questions about internal account review and closure policies.
Separately, JPMorgan is working with Nacha to bring real time peer to peer payments onto its blockchain based payments network.
The partnership aims to connect trusted payment information with blockchain rails to help reduce fraud and...