JPMorgan Chase Co-CEO Doug Petno predicts investment banking revenue will grow in low double digits, with markets revenue increasing in high teens for the third quarter. Despite geopolitical uncertainty, client sentiment remains strong. M&A activity leads, IPOs are thriving, and overall pipelines look promising. The bank hires more bankers and warns of potential compensation expenses uptick. Investment banking fees grew 7% to $2.5 billion in the second quarter, surpassing guidance for a decline. Trading revenues are set to increase, with shares up over 1.5% to $297.64 in midday trading.

Read more at Yahoo Finance: JPMorgan expects its Q3 investment banking revenue to grow in low double digits