J.P. Morgan recently announced that it would be redeploying its corporate finance team, responsible for whole business transactions, into the more profitable areas of securitization business. Sources at the bank said the move does not mean the bank plans to cease its corporate securitization activity; instead it aims to provide more efficient coverage of the market.

"The message out there is that if this can be done successfully - if J.P. Morgan can combine its corporate finance focus with other core areas of the team and it works out to be more efficient, then other teams are likely to follow," said one market source.

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