Indonesia penalizes JPMorgan for rating its bonds ‘underweight’ | International News Live Blog

https://internationalnewsliveblog.wordpress.com/2017/01/03/indonesia-penalizes-jpmorgan-for-rating-its-bonds-underweight/

JAKARTA (Reuters) – Indonesia has penalized JPMorgan Chase & Co after the investment bank’s research arm recommended a smaller exposure to the country’s sovereign bonds, a senior finance ministry official said on Tuesday. http://internationalnewslive.com/indonesia-penalizes-jpmorgan-for-rating-its-bonds-underweight/