EconomyFinance

Major U.S. Financial Institutions Seek Asset Backing for Argentina’s $20 Billion Rescue Package

Leading U.S. banks are navigating complex negotiations to structure a $20 billion financial package for Argentina. The arrangement forms part of broader international support for President Javier Milei’s economic reforms amid ongoing fiscal challenges.

Banking Consortium Faces Collateral Challenges in Argentina Rescue

Major U.S. financial institutions including JPMorgan Chase, Bank of America, and Goldman Sachs are reportedly working to assemble a $20 billion loan facility for Argentina while managing exposure to the South American nation’s financial instability, according to sources familiar with the negotiations.