JPM - Ukraine's Zelenskyy Seeks Financial Aid In Meeting With JPMorgan's CEO Jamie Dimon At Davos Amid War With Russia | Benzinga
Amid the ongoing conflict with Russia, Ukraine’s President, Volodymyr Zelenskyy, is scheduled to meet JPMorgan Chase & Co (NYSE:JPM)’s CEO, Jamie Dimon, at the World Economic Forum taking place in Davos this week.
What Happened: Zelenskyy is expected to push for support to bolster Ukraine’s financial resources during his meeting with Dimon, as reported by Bloomberg. This move comes in the face of Ukraine’s heightened need for funds to continue its struggle against Russia.
A significant amount of aid, exceeding $100 billion, essential for Kyiv, is presently held up in Washington and Brussels. The costly war effort is exhausting allies, particularly as Ukraine’s prolonged counteroffensive hasn’t yet led to any breakthroughs on the battlefield.
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