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.

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.

The point of Donald Trump’s jab at Bank of America CEO Brian Moynihan was not just to dunk on one prominent financier. It was also a warning to every executive at Davos, and everyone watching the livestream around the world,

President Donald Trump on Thursday accused the CEOs of Bank of America and JPMorgan Chase of refusing to serve conservatives.

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,

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

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.

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

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.

Bank of America and Morgan Stanley are next up in a series of bank earnings reports due out this week. The firms report fourth-quarter results on Thursday morning. Their competitors—JPMorgan Chase, Wells Fargo,

The lender rebuffed allegations that it is less welcoming to conservatives after the president blindsided CEO Brian Moynihan with a barb during a Q&A session at the World Economic Forum in Davos, Switzerland.

JPMorgan Chase produced one of the best quarterly results of its peer growth relative to expectations. Learn more about JPM stock here.