Investment Banking

JPMorgan dealmaking fees jump 31% in third quarter on debt underwriting boost

M&A fees remain sluggish at the Wall Street bank, but overall revenue beats market predictions

Jamie Dimon says JPMorgan has been ‘closely monitoring the geopolitical situation for some time’
Jamie Dimon says JPMorgan has been ‘closely monitoring the geopolitical situation for some time’ Photo: Hollie Adams/Bloomberg via Getty Images

JPMorgan kicked off the third-quarter earning season for Wall Street banks with a 31% jump in investment banking fees as the dealmaking rebound picks up pace.

The Wall Street bank brought in $2.3bn in dealmaking fees during the third quarter, which beat analyst expectations for the unit.

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