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an India Private Limited. Thailand: This material is issued and distributed in Thailand by JPMorgan Securities (Thailand) Lid., which is a member of the Stock Exchange of Thailand and is regulated by the Ministry of Finance and the Securities and Exchange Commission and its registered address is 3rd Floor. 20 North Sathom Road
3 Jul-13 — EM vs. DM equity — EM vs. OM growth forecast Jan-14 Scum JP. Morgan More details in . 3.3 3.1 2.9 2.7 2.5 2.3 2.1 Jul 14 US Credit Markets Outlook and Strategy. Eric Beinstein et at EM Corporate Weekly Monitor, Yang-Myung Hong el at High Yiefd Credit Markets Weekly. Peter Acciavatti el at Eu
010675237/1NF 010675237) and is regulated by Securities and Exchange Board of India. Thailand: iPMorgan Securities (Thailand) Limited is a member of the Stock Exchange of Thailand and is regulated by the Ministry of Finance and the Securities and Exchange Commission. Indonesia: PT J.P. Morgan Securities Indonesia is a member o
recession is guaranteed if the fiscal cliff is enacted on schedule, and neither Congress nor the President welcomes J.P.Morgan More details in ... US Credit Markets Outlook and Strategy. Eric Beinstein et al. High Yield Credit Markets Weekly, Peter Acciavatti et al. European Credit Outlook d Strategy, Steven Dulake et
010675237/INF 010675237) and is regulated by Securities and Exchange Board of India. Thailand: JPMorgan Securities (Thailand) Limited is a member of the Stock Exchange of Thailand and is regulated by the Ministry of Finance and the Securities and Exchange Commission. Indonesia: PT E. Morgan Securities Indonesia is a member of
It Source: IF. Blomberg. EM equity nortfolioflows $bn 60% 50% 40% 30% 20% 10% 0% -10% MSCI Skin ISCI Wald -20% 12 More details in ... US Credit Markets Outlook and Strategy. Eric Beinstein el al. High Yield Credit Markets Weekly, Peter Acciavatu er European Credit Outlook & Strategy, Steven &dab et Emerg
forward to 2015 from the current 2018 time-frame. More details in ... • As such, our colleagues in European Credit have examined the implications of US Credit Markets Outlook and Strategy, Eric Beinstein changing recovery rate expectations across the bank capital structure. et al. Assuming that covered bonds remain outside
Page: HOUSE_OVERSIGHT_030850 →010675237/INF 010675237) and is regulated by Securities and Exchange Board of India. Thailand: JPMorgan Securities (Thailand) Limited is a member of the Stock Exchange of Thailand and is regulated by the Ministry of Finance and the Securities and Exchange Commission. Indonesia: PT J.P. Morgan Securities Indonesia is a member of
Page: HOUSE_OVERSIGHT_030854 →Entities connected to both the Stock Exchange of Thailand and US Credit Markets Outlook

Philippines
LOCATIONthe Mexican Stock Exchange
ORGANIZATION
New Zealand
LOCATION
the Ministry of Finance
ORGANIZATIONthe Taiwan Securities and Futures Bureau
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Malaysia
LOCATIONthe Central Bank of Brazil
ORGANIZATIONthe Securities and Futures Commission
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JPMorgan Chase
ORGANIZATIONthe Indonesia Stock Exchange
ORGANIZATIONthe Philippine Stock Exchange
ORGANIZATIONBombay Stock Exchange Limited
ORGANIZATIONEngland & Wales
LOCATIONThe Financial Futures Association of Japan
ORGANIZATIONKanto Local Finance Bureau
ORGANIZATIONthe Karachi Stock Exchange
ORGANIZATIONthe Hong Kong
LOCATIONthe Stock Exchange
ORGANIZATIONJPMSAL
ORGANIZATIONDubai Branch
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