JPM · News · 20260918N

Investment Banking Demand Trends

JPMORGAN CHASE & CO · 2026-09-18 · Importance 60 · Surprise 58

JPMorgan expects investment-banking fees and Markets revenue to increase by a mid-to-high-teens percentage in the third quarter of 2026. The outlook is supported by a strong mergers-and-acquisitions pipeline and robust equity and fixed-income trading activity. Management’s projection remains sensitive to market activity, volatility, and rising operating expenses, which could affect the sustainability of profitability.

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