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JPMorgan testifies in Greek bond scandal (Moldova.org) |
A JPMorgan executive told a Greek Parliament committee probing a bond scandal an ex-employee misled the bank during the sale of the $374 million bond.Jacob Stott, JPMorgan's chief operating officer for Europe, the Middle East and Africa, told the panel the bank sold the structured bond to London-based hedge fund North Asset Management at 92.95 percent of its face value but didn't know the note ...
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