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Drowning in Debt? JPMorgan Wants to Talk

A pedestrian walks past a JPMorgan Chase & Co. bank branch in Chicago, Illinois.

A pedestrian walks past a JPMorgan Chase & Co. bank branch in Chicago, Illinois.

Photographer: Daniel Acker/Bloomberg

Reviving indebted firms as they struggle in a slowing economy may be a top engine of growth for JPMorgan Chase & Co. next year, according to a co-head of its European leveraged-debt business.

The bank expects more distressed situations among junk-rated firms and is planning to get in early to provide advice and financing, said Daniel Rudnicki Schlumberger, who jointly runs Leveraged Finance Origination for Europe, the Middle East and Africa.