• Investment Banking

JPMorgan accused of religious bias by Republican states

Nation’s largest bank rebuts claims of GOP attorneys general and treasurers, who say the bank mistreats people of faith

JPMorgan has become the target of a campaign by Republican state officials seeking to expose what they see as religious discrimination in the bank’s business practices.

Nineteen Republican state attorneys general sent a letter this month addressed to JPMorgan chief executive Jamie Dimon, accusing the nation’s largest bank of a “pattern of discrimination” and of denying customers banking services because of political or religious affiliations.

In...