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JPMorgan investment bank boss Rohrbaugh predicts 30% upswing in dealmaking fees

The bank is making key investments in locations including the Middle East

JPMorgan’s investment bank leads the street and is likely to be up 25-30% on the back of capital markets activity
JPMorgan’s investment bank leads the street and is likely to be up 25-30% on the back of capital markets activity Photo: Michael Nagle/Bloomberg via Getty Images

JPMorgan’s dealmaking fees are expected to jump by 25-30% in the second quarter, signalling a rebound in investment banking revenue after a torrid time for the industry.

Troy Rohrbaugh, the recently promoted co-CEO of JPMorgan’s commercial and investment bank, said that a surge in capital markets activity would fuel the rise at the Wall Street bank, which leads its rivals in the fee league tables.

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