Jamie Dimon rips Trump's credit card interest cap pitch
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President Trump said he had not spoken to the CEO of JPMorgan Chase since filing a lawsuit against the company for "debanking" him in the wake of January 6. And following the president's call for banks to cap credit card interest rates,
JPMorgan Chase ( JPM) struck a deal to acquire the Apple ( AAPL) credit-card program from Goldman Sachs ( GS ), according to a media report on Wednesday, a transaction that would further bolster Chase's already envious position in consumer credit.
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JPMorgan's CFO warns cutting credit card interest could make the business not worth being in
America's biggest bank by assets, JPMorgan Chase, reported fourth-quarter earnings on Tuesday.