JPMorgan’s Kevin Foley Says Capital Markets Are ‘Very Much Open’

Capital-markets demand is holding up despite the conflict in the Middle East and market volatility spurred by the tensions, according to JPMorgan Chase & Co.’s Kevin Foley.

“They’re very much open,” Foley, global head of capital markets at the bank, said Tuesday in a Bloomberg Television interview. “We continue to see good demand out there. There’s been a rotation in terms of where the interest is, but deals are getting done.”

On Tuesday, Amazon.com Inc. returned to the bond market with a jumbo cross-border offering. In Europe, companies including carmaker Stellantis NV and McDonald’s Corp. are seekingto ...