STARTUP LEGAL15 Sept 2026
JPMorgan expects investment banking, trading to shine in third quarter
JPMorgan Chase expects investment banking fees and trading revenue to grow in the third quarter. Co-President Doug Petno told an investor conference that both would rise by mid-to-high teens percentage. His comments calmed nerves after Bank of America's weak forecast, and JPMorgan shares closed up about 0.7%. If your business is planning a deal, keep an eye on this.
Key Statutory Highlights
- JPMorgan expects its investment banking fees and markets revenue to rise by mid-to-high teens percentage in the third quarter.
- Co-President Doug Petno said deal activity is robust, with merger pipelines as strong as the bank has seen in some time.
- JPMorgan shares closed up about 0.7% after his comments calmed nerves following Bank of America's weak forecast.
Actionable Advice for Taxpayers / Founders:Treat this as a read on current market mood, not a promise of easy funding or deals. If you are weighing a merger, sale or fundraising, check with your advisor before fixing timelines, since deal conditions can shift quickly.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: