The US investment bank sold US$3 billion worth of structured products in its domestic market during Q4 2021, an increase of 70% year-on-year, while its sales for FY2021 were the highest on record, according to SRP data.

J.P. Morgan has reported a net income of US$10.4 billion for the fourth quarter of 2021, down 14%, driven by higher non-interest expense, from the prior year quarter. The corporate & investment bank (CIB) posted net revenue of US$11.5 billion, an increase of two percent on Q4 2020. Markets revenue was US$5.3 billion, down 11%, while fixed income markets revenue, at US$3.3 billion, decreased by 16%, driven by a challenging trading environment in rates, as well as lower revenues in credit an

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