JP Morgan says its base case is Greek exit from euro zone

DUBLIN (Reuters) - JP Morgan's base case is for Greece to exit the euro zone after early indications showed the Greek electorate had voted against the terms of a bailout offer from creditors. "Although the situation is fluid, at this point Greek exit from the euro appears more likely than not," JP Morgan analyst Malcolm Barr wrote in a research note. (Reporting by Carmel Crimmins; Editing by Kevin Liffey)