US EditionJPMorgan, Citigroup, Other Banks in Talks to Give Argentina $20B Loan - Report (JPM:NYSE)
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11 Articles
WASHINGTON.- While waiting for further details on the latest announcements of US financial aid to Argentina, the banks in Washington that are in talks with the Treasury Department led by Scott Bessent to grant loans of up to US$20 billion to the country.It is JP Morgan, Bank of America, Goldman Sachs and Citigroup, according to the Semafor site.The influential official of the government of Donald Trump, architect of the plan to help the administ…
US banks in talks to lend $20 billion to Argentina
Banks including JPMorgan, Bank of America, Goldman Sachs, and Citigroup are in talks with the US Treasury to provide up to $20 billion in loans to Argentina, people familiar with the matter said.Treasury Secretary Scott Bessent said Tuesday that a private-sector loan package could be “adjacent” to the $20 billion in financing that the Trump administration is providing Argentina, where economic unrest has spread ahead of elections that will deter…
In the midst of exchange rate volatility and a few days after the legislative elections, four U.S. banks are in talks with the U.S. Treasury Department to grant Argentina a loan of up to US$20 billion, as revealed by the specialized medium Semafor.The agreement would seek to strengthen official financial assistance already announced by the Donald Trump administration.The financial support and the banks involved.Possible financing is being negoti…
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