Morgan Stanley and JPMorgan Chase Raise Record Debt in Europe

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.