(Updates with responses from the Trump administration and JPMorgan in the third and fourth paragraphs.)

JPMorgan Chase (JPM) is in discussions to provide financial services for US President Donald Trump's Board of Peace, the organization meant to rebuild Gaza and serve as an alternative to the UN, the Financial Times reported Thursday, citing people familiar with the matter.

Services offered include facilitating financial transactions to and from the board, the report said.

"We are exploring all options with financial institutions that can help us get assistance to Gaza as effectively and efficiently as possible," a Trump administration official said in a statement e-mailed to MT Newswires. "We have nothing further to announce at this time."

JPMorgan declined to comment.

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