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NAIROBI/LUANDA, May 8 (Reuters) – A $200 million margin call by JPMorgan on Angola’s $1 billion loan at the height of the global selloff of risky assets has exposed the high costs of ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Angola injected nearly $200mn to shore up a $1bn loan from JPMorgan that was backed by the country’s ...
Defending capitalism, defiant over critiques of Wall Street, and keen to promote greater US involvement in Africa – the head of the biggest bank in the world did not disappoint a hall of policymakers ...
Angola’s government sought to portray its prompt payment of the $200 million cash demand by JPMorgan for additional security as reassurance for markets. "We were ready to present the money.