History will no doubt record that of the international banks with a major derivatives franchise, JP Morgan was the biggest winner from the global financial crisis. And, perhaps it is fitting that a dealer with such a solid pedigree in over-the-counter derivatives should emerge as the winner of Asia Risk’s 10th annual derivatives house of the year for Asia ex-Japan award.
JP Morgan acquired Bear Stearns and Washington Mutual in the middle of the crisis last year. It repaid in full the $
The week on Risk.net, July 14–20, 2017Receive this by email