London Daily
February 2, 2025
BlackRock, JP Morgan set up ‘reconstruction bank’ for Ukraine.
BlackRock and JPMorgan Chase are reportedly aiding the Ukrainian government in setting up a reconstruction bank that could see rebuilding projects being heavily invested in by private entities. The Financial Times noted that it would cost Ukraine roughly $411 billion to rebuild their country amid the onslaught of attacks by Russia, but the cost is continuing to increase.