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Tag Archives: JP Morgan Chase
U.S. Companies Brace for an Exit From the Euro by Greece
THE NEW YORK TIMES Even as Greece desperately tries to avoid defaulting on its debt, American companies are preparing for what was once unthinkable: that Greece could soon be forced to leave the euro zone. Bank of America Merrill Lynch has looked into filling trucks with cash and sending them over the Greek border [...]
Posted in Banks, Euro Zone, Europe, Foreign Politics, JPMorganChase, NYT, Overseas Markets
Tagged as: ECB, Euro, Euro Zone, European Central Bank, foreign currency exchange, Greece, JP Morgan Chase, Merrill Lynch, NYT, Stock Market
Wall Street Leaves Pakistan’s Financial Capital
By: TOM WRIGHT Three Wall Street banks have abandoned their brokerage operations in Pakistan amid the nation’s bleak economic situation. Citigroup’s Citibank shuttered its equity research office in Karachi, the nation’s financial capital, in March. Credit Suisse Group closed its research operations in the same city earlier this year. That follows JPMorgan Chase’s decision in [...]
