US wrap: JP Morgan taps into resource investing trend
The latest US issuance sees a battle between JP Morgan and Barclays for domination, though issuance levels remain low. Both banks are both large players in the market, with Barclays seen more frequently and JP Morgan doing well in terms of notional in recent months, notably May.
One of the products from JP Morgan is a reverse convertible tracking Occidental Petroleum, reflecting an increasing trend for investing in the resource sector. However, the performance of this particular oil and gas
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