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Indonesia ends all JPMorgan partnerships after downgrade

The bank downgraded Indonesia's equity market by 2 notches to underweight after Trump's US election win

Jakarta

INDONESIA'S government said it terminated all business partnerships with JPMorgan Chase & Co after the US bank downgraded its assessment of equities in South-east Asia's largest economy following Donald Trump's election win.

The finance ministry will stop using JPMorgan

sentifi.com

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