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JP Morgan Forecasts Record Markets Revenue Amid Economic Uncertainty
JP Morgan Forecasts Record Markets Revenue Amid Economic Uncertainty
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BTCCSquare news:
JPMorgan Chase & Co.'s commercial and investment banking division is poised for a record quarter, with co-CEO Doug Petno projecting increased markets and investment banking revenues. The unit—responsible for 43% of group revenues in H1 2025—generated $19.5bn in Q2 alone, a scale rivaling standalone investment banks.
"This gives us a tremendous lens on wholesale markets," Petno told analysts at the Barclays Global Financial Services Conference. Corporate clients are navigating geopolitical fog but beginning to accelerate capital investments—a trend reflected in JPMorgan's improving credit metrics.
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