We also look at the structured product activities recorded by two US issuance entities under J.P. Morgan Chase (JPM) for the first half of the year.
J.P. Morgan Structured Products BV, the structured note issuance vehicle of JPM whose primary activities are in Europe, the Middle East and Africa (Emea), has logged net profit of US$11.6m for H1 2024, compared to US$11.7m in the prior-year period. As of 30 June, the Amsterdam-domiciled issuer had US$32.4 billion assets, US$31.8 billion liabilities and US$642.7m equity, each representing an increase of 19% to 20% from a year ago. The marginal decrease is driven by ‘lower interes