Morgan Stanley and JPMorgan Chase Raise Record Debt in Europe
By
Lorenzo Rossi
1 min read
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Morgan Stanley and JPMorgan Chase have seized the opportunity to raise substantial funds in Europe's bond market. Morgan Stanley's €5 billion offering is its largest since 2008, while JPMorgan has already drawn over €6.2 billion in orders for its €2 billion sale. This move marks the first time Wall Street banks have joined the European bond market this year, indicating a strategic financial shift.