A Bitter Breakup

Having issued an unfavorable assessment over investing in Indonesia the government is cutting relations with JPMorgan.

January 10, 2017

The Finance Ministry"s decision to suspend its partnership with JPMorgan Chase Bank may be the right move, given JPMorgan"s negative analysis on investing in Indonesia, which saw Indonesia downgraded two points from overweight (buy) to underweight (sell).

As a financial services management company, JPMorgan routinely carries out market assessments to offer appropriate recommendations to its clients. In its last analysis on November, JPMorgan recom

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