JPMorgan Co-President Doug Petno Says We Are Seeing Broad Based Strength Across Investment Banking And Across All Geographies; We Would Expect Investment Banking Fees In Third Quarter To Be Up Mid To High Teens; We Would Expect Trading Fees In Third Quarter To Be Up Mid To High Teens
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Why It Matters
JPMorgan says its banking and trading businesses are growing strong worldwide. This shows companies and investors are active, which usually means confidence in the economy.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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