JPMorgan sees 15% jump in investment banking fees in third quarter

By Nupur Anand and Pritam Biswas



NEW YORK (Reuters) - JPMorgan Chase (NYSE:JPM )'s investment banking fees could climb 15% in the third quarter, its president and chief operating officer Daniel Pinto said on Tuesday.

Trading revenue is expected to be flat or rise 2%, while volumes for mergers and acquisitions will probably stay steady, Pinto told investors at a conference.

Source: Investing.com