JPMorgan enjoys unexpected wins in the third quarter
Fixed-income trading revenue and investment-banking fees are both up, despite global trade tensions weighing on cross-border deals
15 October 2019 - 17:12
New York — JPMorgan Chase’s traders and investment bankers emerged from a messy third quarter with a few surprise wins.
Fixed-income trading revenue jumped 25% and investment-banking fees posted an unexpected increase, the company said on Tuesday. That led the corporate and investment bank division to its best third quarter in three years...
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