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Banks eye Venezuela investment, JPMorgan seen with advantage - Regional Media News
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Banks eye Venezuela investment, JPMorgan seen with advantage - Regional Media News
By Saeed Azhar, Tatiana Bautzer and Marianna Parraga NEW YORK/HOUSTON, Jan 9 (Reuters) - The U.S. involvement in Venezuela's oil sector offers a potential opportunity for international banks, with JPMorgan Chase in an advantageous spot due to its history in the country and past involvement with international trade financing. A clutch of banks including JPMorgan and Citigroup have historically operated in the country, but reduced operations or pu…
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