Which investment bank underwrote the most common stock and bonds in 2012?
A)Merrill Lynch
B)J.P.Morgan
C)Deutsche Bank
D)Citigroup

Question

Quizplus · Accepted Answer

According to data from Thomson Reuters, J.P. Morgan underwrote the most common stock and bonds in 2012, totaling $231.4 billion. While other banks on the list, such as Citigroup and Deutsche Bank, were close contenders, J.P. Morgan was the clear frontrunner. Merrill Lynch was not listed among the top underwriters for that year.

Which Investment Bank Underwrote the Most Common Stock and Bonds