JPMorgan, Goldman, and BofA can’t finalize a $20B Argentina loan — no one wants to be left holding the bag
They want hard collateral or U.S. government guarantees before finalizing the deal. A group of banks including JPMorgan Chase, $JPM, Bank of America, $BAC, and Goldman Sachs, $GS, is struggling to put together a $20 billion loan to Argentina without …