JPMorgan Answer of Post Disconnect Contract by Sri Mulyani

JPMorgan Answer of Post Disconnect Contract by Sri Mulyani; As of January 1, 2017, JPMorgan Chase Bank is no longer a partner of the Ministry of Finance in any case. The decision was taken after JP Morgan research titled ‘Trump Forces Tactical Changes‘ on 13 November 2016 is considered disturbing the stability of the national financial system. “The effects to our clients is not great, and we are still in touch with the Ministry of finance-related issue,” JPMorgan spokesman said in an email received Reuters. Due to the termination of…

Read More

Indonesia Severed JPMorgan Contract

Indonesia Severed JPMorgan Contract; Finance Minister Sri Mulyani termination of contract relations cooperation partnership with JPMorgan Chase Bank as the bank’s perception. With the termination of the cooperation, according to the head of BKPM Thomas Lembong doesn’t then affect the intention of investors to invest in Indonesia. Research by JPMorgan was a short-term prediction. While some other investment bank provides long-term predictions with good judgment, so it does not affect foreign investor entry into Indonesia. “JP Morgan research that downgraded it in the short term, in the long run it…

Read More