JPMorgan in talks to bank for Trump's Board of Peace, FT says

JPMorgan in talks to bank for Trump’s Board of Peace, FT says

A 3D-printed miniature model of U.S. President Donald Trump and JPMorgan Chase logo are seen in this illustration taken January 22, 2026. REUTERS/Dado Ruvic/Illustration · Reuters

Reuters

Thu, February 19, 2026 at 3:14 PM GMT+9 1 min read

Feb 19 (Reuters) - JPMorgan is in talks to provide banking services to the U.S.-led Board ‌of Peace, an institution tasked with rebuilding Gaza, ‌the Financial Times reported on Thursday, citing people familiar with the ​discussions.

The bank has discussed providing services such as facilitating payments to and from the board, the report added.

Reuters could not immediately verify the report. The White ‌House and JPMorgan did ⁠not immediately respond to Reuters’ requests for comment.

The FT report comes amid ongoing tensions ⁠between Trump and JPMorgan as the bank and its top boss Jamie Dimon contend with a $5 billion ​lawsuit filed ​by Trump last month, ​accusing the nation’s largest ‌lender and Dimon of closing several of his and his companies’ accounts on political grounds.

Trump is set to preside over the first meeting of his Board of Peace later on Thursday, with delegations from 47 ‌countries plus the European Union ​expected to attend the event.

U.S. ​President Donald Trump first ​proposed the Board of Peace in ‌September 2025. The body was ​meant to supervise ​Gaza’s temporary governance, with Trump thereafter saying it would expand to tackle conflicts around the world- ​a move ‌some experts view as undermining the United Nations.

(Reporting ​by Ananya Palyekar in Bengaluru; Editing by ​Christian Schmollinger and Nivedita Bhattacharjee )

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