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Home » JPMorgan expects investment banking revenue to jump as much as 30% in second quarter By Reuters
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JPMorgan expects investment banking revenue to jump as much as 30% in second quarter By Reuters

News RoomBy News RoomJune 12, 20240 Views0
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By Nupur Anand

NEW YORK (Reuters) – JPMorgan Chase (NYSE:) expects its investment banking revenue to jump by between 25% to 30% in the second quarter, higher than its previous estimates, co-chief executive of its commercial and investment bank Troy Rohrbaugh said on Wednesday.

The lender had estimated in May that its investment banking revenue would rise by a mid-teens percentage in the second quarter.



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