Bill Ackman Once Said US Should Provide Ukraine With 'Everything They Need To Fight': President Zelenskyy Could Be Putting That To The Test
Portfolio Pulse from Chris Katje
Ukrainian President Volodymyr Zelenskyy met with several billionaires, including former Google CEO Eric Schmidt, Mike Bloomberg, Robert Kraft, Barry Sternlicht, Bill Ackman, and former Secretary of State Henry Kissinger, to discuss financing for rebuilding Ukraine and its economy. The meeting was reportedly organized by JPMorgan Chase & Co. No details on any financial commitments were disclosed. JPMorgan has previously expressed interest in Ukraine's reconstruction and signed a memorandum of understanding with the country in February.
September 21, 2023 | 11:26 pm
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JPMorgan Chase & Co reportedly organized a meeting between Ukrainian President Volodymyr Zelenskyy and several billionaires to discuss financing for rebuilding Ukraine. The bank has previously shown interest in Ukraine's reconstruction.
JPMorgan's involvement in organizing the meeting and its previous interest in Ukraine's reconstruction could potentially lead to new business opportunities for the bank. However, without concrete details on any financial commitments or specific plans, the short-term impact on the bank's stock is neutral.
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