| Headline: JPMorgan Source: Euromoney Date: July 2001 The world’s best debt house
That’s music to the ears of JPMorgan, which sits atop the overall global league table of debt arrangers. It may be that, as much by luck as by design, the merger of Chase and JPMorgan, by combining Chase’s all-powerful loan franchise and Morgan’s more than respectable bond businesses – it’s a long-established leader in emerging market bonds, asset backeds and the new European credit market and a growing force in US high grade bonds – has created a powerful new force in the debt markets. “What we’ve got in our new company is the right model for the origination of loans and bonds,” says Bruce Carnegie-Brown, co-head of JPMorgan’s European and Asian debt capital markets. “We are indifferent as to what market we execute in, and that applies to borrowers ranging from high-yield to high-grade. | |||||||||||||||||||||||||||||||||||||||||