JPMorgan in talks to bank for Trump’s Board of Peace: report
NY Post
JPMorgan Chase is in talks to serve as the banker for the US-led Board of Peace, a new entity focused on Gaza’s reconstruction that President Donald Trump promotes as an alternative to the United Nations, according to a report.
The Wall Street powerhouse is exploring ways to handle financial operations for the board, including processing incoming and outgoing payments, The Financial Times reported, citing sources close to the discussions.
They come as the board aims to secure billions in funding for rebuilding efforts in the war-torn region.
The White House did not respond to a request for comment, but a senior administration official told The Post: “We are exploring all options with financial institutions that can help us get assistance to Gaza as effectively and efficiently as possible. We have nothing further to announce at this time.”
A spokesperson for JPMorgan declined to comment.
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