JPMorgan Sees Strong Q3 Investment Banking Fees, Markets Revenue, Co-President Says

04:38 AM EDT, 09/16/2026 (MT Newswires) -- JPMorgan Chase (JPM) expects Q3 investment banking fees and markets revenue to be up "mid- to high-teens," driven by broad-based strength, co-President Doug Petno said Tuesday. "We started this quarter with a strong pipeline that continues," Petno said at the Barclays Global Financial Services Conference, according to a FactSet transcript. "I touched on management and board confidence. That's driving tremendous amount of M&A activity," Petno added. "I think it's as high as we've seen in some time."