JPMorgan Says IB Activity Accelerated In Q2, With IB Fees Jumping 30%
JPM•JPMorgan reports stronger investment banking activity in Q2
July 14 (Reuters) - JPMorgan Chase & Co JPM.N:
- JPMorgan: Q2 results included $4.6 billion net gain related to Visa shares
- JPMorgan CEO: U.S. economy has demonstrated notable resiliency this year, with stronger business investment and hiring
- JPMorgan: Q2 results included $1.0 billion of gains on certain equity investments
- JPMorgan: Several risks are shifting including geopolitical tensions and wars, sticky inflation, large global fiscal deficits & elevated asset prices
- JPMorgan: IB activity accelerated in quarter, with IB fees jumping 30%, market sentiment remains constructive for continued activity
Further company coverage: JPM.N




