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US banks discuss rebuilding Iraqi finance
New York, June 12: US banks including JP Morgan Chase & Co, Citigroup Inc., and Bank of America Corp. have met with officials from the US Treasury Department to discuss a role in the rebuilding of the Iraqi financial system.
New York, June 12: US banks including JP Morgan Chase & Co, Citigroup Inc., and Bank of America Corp. have met with officials from the US Treasury Department to discuss a role in the rebuilding of the Iraqi financial system.
Financing trade, systems for payments, currency exchange and retail banking were among the topic discussed.
US officials, who have not reached a decision on whether to directly involve the banks, approached some banks to start discussions.
Representatives of JP Morgan, Citigroup Inc. and Bank of America did not return calls for comment early on Thursday Bureau Report
US officials, who have not reached a decision on whether to directly involve the banks, approached some banks to start discussions.
Representatives of JP Morgan, Citigroup Inc. and Bank of America did not return calls for comment early on Thursday Bureau Report