The bank has posted a record-high sales volume of structured products at US$3.27 billion in the first quarter of FY21 ended in March in the US following a rebound in issuance.
J.P. Morgan Chase ’s issuance of structured products at the end of Q1 2021 experienced a 15.5% increase year-on-year. This makes the US investment bank the fourth largest group issuer in the US with a market share of 12.5% after Morgan Stanley (US$3.77 billion), Barclays (US$3.48 billion) and Goldman Sachs (US$3.46 billion), SRP data shows. On a quarterly basis, the number of structured products brought to market rose by 44.2%, lifting the overall sales by 80.7%. The distributor ranking