Credit Markets

J.P. Morgan is a global leader in credit markets, which includes: 

Structured Credit 
J.P. Morgan’s Structured Credit team is the area with expertise in credit derivatives, structured products and collateralized debt obligations globally.  Structured credit products are used by clients to achieve many financial objectives, including yield enhancement, credit risk management, capital efficiency and benchmark outperformance.  

CDOs 
Collateralized Debt Obligations (CDOs) are structured fixed income securities with cash flows linked to the performance of debt instruments.  Issuers of CDOs include commercial banks, insurance companies and money managers, who use the products to either gain regulatory capital relief and manage their credit exposure or lock in term funding and incremental fee income.  CDOs are an emerging asset class offering value to investors and are rated by the major rating agencies accordingly. 

Tax-Exempt Capital Markets  
J.P. Morgan has one of the industry’s leading Tax-Exempt Capital Markets franchises.  The team includes the following groups:

  • Municipal Banking, including public finance activity and credit origination for general governmental, transportation, energy, housing and corporate-backed client sectors.
  • National healthcare, higher education and cultural institutions
  • Municipal Bond Sales, trading, syndicate and research
  • Tax Exempt Derivatives
  • Infrastructure Finance

Read the Statement of Material Auction Practices and Procedures


Market Leadership
#1 Global Syndicated Loans
#1 Global Leveraged Loans  
#1 Global High Yield 
#1 Global Long-term Bonds
#1 Global Debt
#1 Global Investment Grade Corporate Bonds
#1 U.S. Syndicated Loans 
#1 U.S. High Yield 
#1 U.S. Investment Grade Corporate Bonds
#1 U.S. Debt  
#2 U.S. Leveraged Loans  
Source: Thomson Financial, 2Q08 YTD

Awards

  • Best Overall Credit House (Credit, 2008)
  • Best Credit Derivatives House (Credit, 2008)
  • Best Structured Credit House (Credit, 2008)
  • Best Credit Strategy (Credit, 2008)
  • #1 in All-Europe Fixed Income Research Survey (Institutional Investor, 2008)
  • #1 in Structured Credit & #1 in Credit Default Swaps (Risk, Interdealer derivative rankings, 2007)
  • #1 in Structured Credit (Risk, Institutional Investor end-user derivative rankings, 2007)
  • #1 in Single Name CDS Overall (Risk, Institutional Investor end-user derivative rankings, 2007)
  • Credit Derivatives House of the Year (IFR, 2007)
  • U.S. Leveraged Finance House of the Year (IFR, 2007)
 
 

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