JPMorgan Chase expects fourth-quarter investment banking revenue rise

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)

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