We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Balance sheet balancing act

5 April 2006 By Fiona Maharg-Bravo

The US bank cut its UK partner into a £220m placing of Easyjet shares. But the deal doesn’t look to have gone very well. Why has JP Caz come out better? Because it simply got commission for selling the stock, while JP Morgan was left with the underwriting risk.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)