Trump sues JP Morgan for $5bn, Elon Musk's SpaceX plans IPO with four Wall Street banks.

Friday, Jan 23, 2026 12:18 am ET1min read
JPM--

President Trump sues JP Morgan Chase for $5bn, alleging political de-banking. SpaceX lines up four Wall Street banks for a blockbuster IPO. The Bank of England plans to base half of its new external recruits in Leeds to meet growth targets. Ovo is ordered to pay £2.8m for failing to pass on state support payments. B&M issues its third profit warning due to sales pressure. A $1bn data centre near London faces a legal setback.

Trump sues JP Morgan for $5bn, Elon Musk's SpaceX plans IPO with four Wall Street banks.

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