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JPMorgan and Jefferies plan Venezuela visits amid investor interest - Bloomberg

June 4, 2026 3:11 PM

Investing.com - JPMorgan Chase & Co. (NYSE: JPM) and Jefferies Financial Group Inc. (NYSE: JEF) are planning trips to Caracas as investors seek direct information about Venezuela's economic recovery efforts and debt restructuring following years of isolation.

Jefferies executives traveled to Venezuela this week and are considering another visit in the coming weeks, while JPMorgan is organizing a trip that may include clients, according to reporting from Bloomberg, citing people familiar with the matter.

The visits would be among the first known trips by major U.S. banks, which must navigate internal approval processes and a sanctions regime that continues to evolve despite recent easing. Most previous visits have been organized by boutique advisory firms, specialized consultancies and political-risk advisers.

Foreign investors are positioning themselves for a reopening of Venezuela's economy as relations with Washington improve following President Nicolas Maduro's capture in January. The acting government, led by Delcy Rodriguez, has been cooperating with the Trump administration to reopen the oil industry to foreign capital.

Venezuela's economy is oil-rich and has been isolated for years before the recent shift in government and diplomatic relations with the United States.

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