Levfin revenue plunges as JPM rides high

Owen Sanderson

July 01, 2019 05:15 pm

JP Morgan Chase and Co building on Park Avenue in New York, NY on May 14, 2012. Chase said Monday its chief investment officer Ina Drew was resigning in the wake of the bank's stunning $2 billion loss on derivatives trading. Drew is 'retiring' after more than 30 years at the bank, JPMorgan said, but her departure comes days after the bank reported a huge 'egregious' loss that came under her responsibility at the bank's chief investment officer. Photo by Charles Guerin/ABACAUSA.COM | Charles Guerin/ABACA/Press Association Images

European leveraged finance revenue for the first half of the year is down more than 50%, according to figures from Dealogic released on Monday — and is increasingly going to a small handful of banks, in particular JP Morgan.

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Levfin revenue plunges as JPM rides high

European leveraged finance revenue for the first half of the year is down more than 50%, according to figures from Dealogic released on Monday — and is increasingly going to a small handful of banks, in particular JP Morgan.

Unlock this article.

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