Lates News

Doug Petno, Co-President of Commercial Banking and Investment Banking at JPMorgan Chase, expects the company's trading revenue in the third quarter to increase by 10% to 20% year-on-year, which is higher than the current analyst expectation of an 8.2% growth. The performance of investment banking fees is also expected to exceed expectations, with Petno stating that the growth is expected to be in the "low double digits" percentage.