GREECE - JPMorgan and North Asset Management have said they would be prepared to buy back all €280m of the structured bonds which were overpriced by €5m and sold to the Greek government pension scheme.
The announcement came following widespread calls for the institutions involved to buy the bonds back. JPMorgan had acted as underwriter of the bond issue and sold it to North Asset Management. ...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders