Update: Market Chatter: JPMorgan in Talks to Provide Financial Services for Trump's Board of Peace

MT Newswires Live
Yesterday

(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.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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