JPMorgan, Goldman Shut Europe Money Funds After ECB Cut - Bloomberg

PMorgan, Goldman Shut Europe Money Funds After ECB Cut

By Dawn Kopecki and Charles Stein – Jul 6, 2012 11:38 AM MT

Draghi Own Words on ECB Rates, Inflation, Economy

JPMorgan Chase & Co. (JPM), Goldman Sachs Group Inc. and BlackRock Inc. (BLK) closed European money market funds to new investments after the European Central Bank lowered deposit rates to zero.

via JPMorgan, Goldman Shut Europe Money Funds After ECB Cut – Bloomberg.