Aditya Chordia

JPMorgan loses conviction in Greek bonds as endgame approaches

By Max Julius

The risk of Greece missing a debt payment is driving away even some of the most faithful advocates of its debt.

JPMorgan Chase & Co. was for most of this year a champion of Greece?s long-dated government bonds, even as a flare-up in the country?s debt crisis once again raised the prospect of default and euro exit.