Debt underwriting fees bolster JP Morgan

Jasper Cox

April 15, 2019 10:45 am

Dimon_PA_230x150 — UNITED STATES - APRIL 10: Jamie Dimon, CEO of JPMorgan Chase, testifies during a House Financial Services Committee hearing in Rayburn Building titled "Holding Megabanks Accountable: A Review of Global Systemically Important Banks 10 years after the Financial Crisis," on Wednesday, April 10, 2019. (Photo By Tom Williams/CQ Roll Call) | CQ-Roll Call/SIPA USA/PA Images

On Friday, JP Morgan and Wells Fargo posted falls in investment banking revenue for last quarter. But debt underwriting business was a bright spot for both banks.

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Bank Results JP Morgan Wells Fargo Securities FIG People and Markets United States Americas North America FIG People and Markets

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Jasper Cox