Investment Banking

JPMorgan’s investment bank jumps 13% on surprise dealmaking gain

The US bank beat expectations with an unexpected increase in dealmaking fees during the second quarter

Jamie Dimon, JPMorgan’s chief executive, said that dealmaking ‘started slow but gained momentum as market sentiment improved’
Jamie Dimon, JPMorgan’s chief executive, said that dealmaking ‘started slow but gained momentum as market sentiment improved’ Photo: Patrick Bolger/Getty Images

JPMorgan’s commercial and investment banking unit jumped 13% in the second quarter, fuelled by a surprise increase in dealmaking fees and buoyant trading revenue.

The Wall Street bank’s CIB posted net income of $6.7bn for the second quarter of 2025, up by 13% on the previous year and ahead of analyst expectations.

WSJ Logo
Dimon Defends Fed Independence After Trump AttacksExternal link

Dimon Defends Fed Independence After Trump Attacks