President Donald Trump has sued JPMorgan Chase & Co. and its chief executive officer, Jamie Dimon, seeking at least $5 billion in damages over allegations that the bank terminated his accounts and those of his businesses for political reasons.

The complaint, filed on Thursday in Miami-Dade County state court, accuses JPMorgan of trade libel and breach of the implied covenant of good faith and fair dealing. It also alleges that Dimon violated Florida’s deceptive and unfair trade practices law. JPMorgan said it does not close accounts on the basis of political or religious views.

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