business
Capital One says it closed hundreds of Trump's bank accounts in 2021 'for anti-money laundering reasons'
Summary by The Los Angeles Editorial Desk KABC , as published by ABC7 Los Angeles (KABC)
· August 3, 2026
· 1 min read
Photo: ABC7 Los Angeles (KABC) · view original
Story provenance No corrections
Summary created by The Los Angeles Editorial Desk — automated, rule-governed Byline on source page KABC, as published by ABC7 Los Angeles (KABC) Original story Read at the source Source published Aug 3, 2026 Indexed here Aug 3, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key takeaway Los Angeles area residents can find more information on this development through local news sources, including ABC7 Los Angeles.
In a recent filing, Capital One disclosed that it closed hundreds of bank accounts associated with former President Trump and his businesses. The action was taken in 2021, with the bank citing anti-money laundering reasons for the closures. Further details on the matter can be found through the original source.
The filing provides some insight into the bank's decision, but full context may require reviewing the complete document. Los Angeles area residents can find more information on this development through local news sources, including ABC7 Los Angeles.
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For the complete original report, visit ABC7 Los Angeles (KABC) . Have a tip or correction? Contact our newsroom .
Category: business Published: August 3, 2026 Source: ABC7 Los Angeles (KABC) Reading time: 1 min
Frequently asked about this story
What is this story about? In a recent filing, Capital One disclosed that it closed hundreds of bank accounts associated with former President Trump and his businesses. The action was taken in 2021, with the bank citing…
When was this published? This article was first published on August 3, 2026 by ABC7 Los Angeles (KABC) and curated for The Los Angeles readers.
Who reported this story? This story was reported by KABC at ABC7 Los Angeles (KABC). To learn more about how The Los Angeles selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more business coverage from The Los Angeles, or browse our daily briefing and topic hubs .
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