JPMor­gan sees jump in M& As by Asian com­pa­nies

China Daily (Hong Kong) - - BUSINESS DIGEST -

JPMor­gan Chase & Co, the big­gest US lender by as­sets, is fore­cast­ing a 30 per­cent surge in the value of merg­ers and ac­qui­si­tions the bank ex­pects to han­dle in Asia next year, a re­bound from this year’s de­cline. En­ergy com­pa­nies, fi­nan­cial firms and Asian buy­ers ex­pand­ing in the US and Europe will drive a surge in ac­tiv­ity for JPMor­gan, said Rob Siv­i­t­illi, 41, who has been head of Asian M&As out­side Ja­pan since Septem­ber 2012. The New York-based bank climbed this year to No 2 among ad­vis­ers in the re­gion from No 4 in 2012, ac­cord­ing to data com­piled by Bloomberg. JPMor­gan rose in deal

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