JPMorgan and Jefferies Organize Trips to Caracas Amid Growing International Investor Interest, According to Bloomberg

Economy

Bloomberg — JPMorgan Chase & Co. and Jefferies Financial Group Inc. are organizing trips to Caracas as investor demand grows for firsthand insight into Venezuela’s efforts to revive its oil-rich economy and restructure its debt after years of isolation.

Executives from Jefferies traveled to the South American country this week and are considering another visit in the coming weeks. Meanwhile, JPMorgan is arranging a separate trip and may include clients in the delegation, according to people familiar with the matter.

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