Displaying items by tag: jpmorgan
JPMorgan: Greek bonds passed the convergence test – Investors are in a repositioning phase
In a market where the main issue is no longer risk-taking but yield management, JPMorgan is repositioning itself towards Greek government bonds, recognizing the convergence path that has already been traveled. In the latest Global Fixed Income Markets Weekly, the American house reflects a more cautious stance, recommending profit-taking in the overweight position in the 10-year Greek bond against Spain, as it estimates that the relative advantage has been largely built into prices.
JPMorgan CEO says investment bank giant will expand in Greece during meeting with PM Mitsotakis
Greek Prime Minister Kyriakos Mitsotakis received JPMorgan Chase & Co. chairman and CEO Jamie Dimon at the Maximos Mansion on Thursday, amid media reports that the multinational investment bank has clinched a deal for 49-percent of Greece-based digital banking and payments provider Viva Wallet.