Dec 9 (Reuters) – JPMorgan Chase expects investment banking revenue to be up by the low-single digit percentages in the fourth quarter, while it expects markets revenue to be up in the low-teens percentages in the fourth quarter, its consumer and community banking CEO Marianne Lake said on Tuesday.
“We’re expecting our expenses for the full firm next year to be $105 billion,” she said at the Goldman Sachs Financial Services Conference in New York.
She said the environment was more constructive for bank M&A than it had been.
(Reporting by Prakhar Srivastava and Lananh Nguyen in New York in Bengaluru; Editing by Chris Reese)
