US Justice Department subpoenas major banks over alleged 'debanking', WSJ reports
10/06/2026 19:14
US Justice Department subpoenas major banks over alleged 'debanking', WSJ reports June 10 (Reuters) - The U.S. Justice Department has issued subpoenas to several major banks, including JPMorgan Chase JPM.N and Bank of America BAC.N, seeking information on whether the banks improperly closed customer accounts for political reasons, the Wall Street Journal reported on Wednesday.
Bank of America declined to comment.
(Reporting by Pritam Biswas in Bengaluru; Editing by Tasim Zahid)
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