On February 12th, JPMorgan Chase’s trading revenue and investment banking revenue in the first quarter may both achieve growth of over 10%, as volatility and capital market recovery continue to benefit Wall Street. Chief Operating Officer Jenn Piepszak stated at a conference hosted by Bank of America on Tuesday that, in percentage terms, transaction revenue may increase by “low double digits” year-on-year, while investment banking revenue may increase by “medium double digits”.
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