Overview
- Dimon said large companies are now interested in investing in Argentina and described President Javier Milei as doing a good job stabilizing the economy.
- He estimated about $100 billion in foreign capital could return, suggesting private funds might cover needs previously eyed for a bank loan.
- JP Morgan has been working with the government on a potential $20 billion sovereign debt repurchase, which remains under discussion according to local reporting.
- Milei is in the United States for the American Business Forum in Miami with key officials, where talks on a broader roughly $40 billion financial package continue without a finalized deal.
- Dimon said the bank would consider lending if requested, while meetings with Wall Street executives have included JP Morgan-hosted events reported to advance investment discussions.