JPM · News · 20260915N

Investment Banking Demand Trends

JPMORGAN CHASE & CO · 2026-09-15 · Importance 20 · Surprise 40

JPMorgan expects third-quarter investment banking fees to show strong growth, supported by broad-based activity across advisory, underwriting and capital markets. Commercial and Investment Bank co-president Doug Petno characterized banking-fee growth as potentially in the mid-teens. The outlook indicates continued customer demand for investment banking services despite the bank’s emphasis on underwriting and capital-allocation discipline in a potentially late-cycle market.

Key facts

• JPMorgan Chase expects investment banking fees to be strong in the third quarter, co-President Doug Petno said at an investor conference. source