NEW YORK, Jan 24 (Reuters) - Bank of America ( BAC )

will be engaging with President Donald Trump's administration

and Congress on regulations that the bank said can lead to it

exiting banking relationships with a customer, a spokesperson

said on Friday.

Trump on Thursday singled out JPMorgan Chase ( JPM ) and

Bank of America ( BAC ) specifically as debanking customers. The two

banks on Thursday denied they made banking decisions based on

politics.

"We take this issue very seriously," a BofA spokesperson

said. "We will be engaging with the administration and Congress

regarding the extensive government regulations that sometimes

result in requirements to exit relationships."