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JPMorgan expects investment banking, trading to shine in third quarter
Source: reuters.com
Corporate Guidance & OutlookBanking & LiquidityCompany Fundamentals
JPMorgan Chase co-President Doug Petno said the bank expects strong third-quarter growth in investment-banking fees and trading revenue. The outlook signals favorable capital-markets activity and could support earnings expectations for JPMorgan and other major investment banks.
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