jpmorgan share price: JPMorgan Chase stock price: Why are US banking giant shares rising?

JPMorgan Chase stock price remained in focus on Thursday as the U.S. banking giant faced major business and legal developments on the same day. Shares of JPMorgan were up 1.2% during afternoon trading as investors assessed news related to pensions expansion and political litigation. The bank confirmed it had completed a deal to acquire UK-based pensions technology firm WealthOS, strengthening its position in retirement services. At the same time, U.S. President Donald Trump filed a $5 billion lawsuit against JPMorgan Chase and its CEO Jamie Dimon, accusing the bank of debanking his accounts for political reasons following events in early 2021.

Why are US banking giant shares rising?

JPMorgan Chase stock price moved higher as investors…

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