business

Major US Banks Face Federal Probe Over Debanking Allegations

Bloomberg Markets · Jun 10, 2026, 7:04 PM · Also reported by 3 other sources

Federal prosecutors are looking into whether some of Wall Street’s biggest lenders illegally dropped customers for political reasons, according to a person familiar with the probe.

Read full story on Bloomberg Markets → More top stories

Also covered by

Investing.com US Justice Department subpoenas major banks over alleged ’debanking’, WSJ reports Investing.com DoJ subpoenas major banks over account closures, WSJ reports Forbes Prosecutors Subpoena Big Banks—Including JP Morgan—For Alleged ‘Debanking,’ Report Says

Aggregated and edited by the Scoop newsroom. We surface news from Bloomberg Markets alongside other reporting so you can compare coverage in one place. Editorial policy · Corrections · About Scoop

Major US Banks Face Federal Probe Over Debanking Allegations

Also covered by

More in business