JPMorgan Chase & Co. (NYSE:JPM) has announced that it has sold $4 billion of notes during the US corporate bond offering last week. The sale will bring the company’s total monthly issuance to $56.6 billion, in line with the company’s average since 2000. The company earned $17.5 billion in sales the previous week.
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A financial holding company, JP Morgan Case & Co’s principal bank subsidiaries include JPMorgan Chase Bank, National Association, and Chase Bank USA. Its principal non-banking subsidiary is JP Morgan Securities, Inc. The company acquired UBS Commodities Canada, Ltd. and UBS AG’s global agricultural business in February 2009.
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