22-October-2025
Economy News
 
US Banks Hunting for Collateral to Back $20 Billion Argentina Bailout, WSJ Reports
21-Oct-2025

A group of U.S. banks, including JPMorgan Chase, Bank of America and Goldman Sachs, is hesitant to lend $20 billion to Argentina without guarantees or collateral, the Wall Street Journal reported on Monday. U.S. Treasury Secretary Scott Bessent said last week that the department was working with banks and investment funds to create a $20 billion facility to invest in the South American country's sovereign debt.

News Source:- https://money.usnews.com/investing/news/articles/2025-10-20/us-banks-hunting-for-collateral-to-back-20-billion-argentina-bailout-wsj-reports
 
 
 

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