JP Morgan's Bond Shuffle Continues

Lugo, Denise
November 2004
Investment Dealers' Digest;11/29/2004, Vol. 70 Issue 46, p6
Trade Publication
This article reports that J.P. Morgan Chase & Co.'s bond department, announced last month that third-quarter earnings dropped 13% due in no small part to weak trading results at its investment bank. The latest fixed-income denizen to leave the firm, Jeremy Baraum, head of North American credit derivatives trading, resigned a week ago. Baraum's departure came on the heels of a bigger shakeup that saw six Morgan credit markets staffers exit the investment bank. About a month ago, J.P. Morgan & Chase Co. announced several management changes as part of an effort to streamline its capital- raising efforts by placing several departments under one umbrella.


Related Articles

  • I-Banking's Profit Boost May Fizzle. Monks, Matthew // American Banker;6/16/2010, Vol. 175 Issue 92, p1 

    The article discusses investment banking finance. Investment analysts state that the decline in securities prices and number of corporate consolidations and mergers which began in May, 2010 should result in a decline in investment banking profits. It is speculated this could have a serious...

  • INVESTMENT BANKING DATABASE: FIGs.  // Investment Dealers' Digest;11/29/2004, Vol. 70 Issue 46, p46 

    This article presents information related to investment banking in the U.S. J.P. Morgan Chase & Co. shuffled its credit-markets department, leading to the departure of at least six senior employees. The moves follow management changes in recent weeks intended as port of on effort to consolidate...

  • Showdown. Nash, Jeff // Money;Feb2003, Vol. 32 Issue 2, p46 

    It was a lousy 2002 for both Citigroup and J.P. Morgan Chase. Citigroup took the lion's share of blame for all that's wrong with Wall Street research, while J.P. Morgan saw billions of dollars in corporate and international loans go bad. Now shares of both companies are trading at roughly the...

  • JPM Offers Update on Trading Revamp. Cole, Jim // American Banker;9/14/2006, Vol. 171 Issue 177, p20 

    The article discusses JPMorgan Chase & Co.'s chief executive officer James Dimon's statement that the third-quarter outlook for the company's investment-banking business is mixed. He blames a summer slowdown to lower amounts of trading. However, the company's investment-banking pipeline has...

  • IN THE MARKETS. Elstein, Aaron // Crain's New York Business;10/18/2010, Vol. 26 Issue 42, p4 

    The article discusses various factors related to financial performance and compensation patterns of investment bankers. J.P. Morgan Chase & Co. disclosed that compensation costs in its investment banking unit through the first nine months are down 10 percent. J.P. Morgan's latest results suggest...

  • JPM Investment Banking Gains Offset Retail Issues. Rieker, Matthias // American Banker;4/19/2007, Vol. 172 Issue 75, p2 

    The article discusses JPMorgan Chase & Co.'s profit report in the first-quarter of 2007. The report shows that while JPMorgan's retail banking side faced the same trouble as the rest of the industry, its investment banking and trading operations are keeping profits high. JPMorgan stated that its...

  • Coping with Bear's Transition: The firm's employees and JPMorgan's management team face challenging transition times. Bizouati, Ya´┐Żl // Investment Dealers' Digest;3/31/2008, Vol. 74 Issue 13, p12 

    The article reports on the financial losses of the Bear Stearns Cos. Inc., a leading global investment banking and securities trading, in the U.S. It cites that the failure of the firm has impacted the future and savings of its employees and states that the acquisition offer of JPMorgan Chase &...

  • Citigroup Tops Chase in Latin America. Bloomberg News // American Banker;7/20/2004, Vol. 169 Issue 138, p20 

    States Citigroup Inc. became top investment banker this year in Latin America. Value of acquisitions and bond sales that put Citigroup ahead of competitors; Citigroup's market share; Competition from J.P.Morgan Chase & Co.; Financial data on Citigroup and JPMorgan.

  • Why JPM's Bad News May Be Good News for Rivals. Monks, Matthew // American Banker;1/17/2012, Vol. 177 Issue 8, p3 

    The article focuses on JPMorgan Chase & Co. which has seven different financial reporting segments that generated a total profit of about $19 billion for 2011. The U.S. company's investment bank reported a fourth-quarter profit of $726 million which was only half of the third-quarter profit....


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics