Overview
- JP Morgan CEO Jamie Dimon told Reuters that foreign investment of roughly $100 billion could return to Argentina as interest from major companies grows.
- He said a contemplated private bank loan for the country may ultimately be unnecessary, though JP Morgan remains open to proposals if financing is requested.
- The Argentine government confirmed JP Morgan is advising on a sovereign bond buyback, adding a parallel channel for market engagement.
- U.S. Treasury discussions on a $20 billion private financing line and a separate $20 billion swap remain in play as potential support mechanisms.
- President Javier Milei is in Miami for the American Business Forum to court investors, with further contact expected with Wall Street executives including Dimon.