In Trump v. Dimon, Years of Strain Culminate in $5 Billion Suit

JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon was heading home after another whirlwind trip to Davos, when the news hit: President Donald Trump was suing him and his bank for $5 billion.

It’s not just the latest attempt by Trump to go after companies that he claims have personally wronged him — it’s another twist in his long, complex and sometimes combative relationship with the head of the biggest US bank. JPMorgan’s shareholders were unfazed: The stock slipped slightly before ending the day higher, adding more than $4 billion to its market value. The board then announced it ...