J.P. Morgan has reported a net income increase of 25% YoY despite a decline in structured products sales.
J.P. Morgan Chase Financial, the issuance entity of J.P. Morgan Chase & Co, has cut down its traded volume of the SEC-registered structured notes in the second quarter of the year following a recent record quarterly level. The US bank generated US$4.6 billion from 2,093 new issuances in Q2 2024, down 11.6% quarter-on-quarter, but up 7.2% year-on-year (YoY), SRP data shows. However, J.P. Morgan has kept the lion's share as the largest issuer group in the US market with a 14% share followed
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