Briefs: J.P. Morgan Tops List in Latin Mergers

Securities Data Co., an affiliate of American Banker, has ranked J.P. Morgan & Co. as the top bank in Latin American mergers and advisory for the first nine months this year.

According to Securities Data, Morgan arranged 28 completed deals, valued at a combined $10.6 billion. That was well ahead of the second ranking institution, the Rothschild Group, which arranged 12 deals, valued at nearly $4.8 billion combined. Chase Manhattan Corp., the only other U.S. commercial bank to make it into the top 15, ranked sixth, with seven deals valued at nearly $4 billion combined.

Last year Morgan arranged $5.1 billion in completed transactions.

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