Entries tagged "underwriting"
Strength in the bank's investment banking unit is expected to lift J.P. Morgan's third-quarter results.
At first glance, it might seem counterintuitive to conclude the credit crisis is driving the explosion in initial public offerings, but take a closer look at a few circumstances.
We know that Bear Stearns Cos. shareholders are in a world of pain. What about its customers? Details of the pennies-on-the-dollar bailout by J.P. Morgan Chase & Co. and the feds have yet to emerge -- if the bailout actually happens -- but at least we can start looking into pieces of Bear's business. ...
