Positive Q3 outlook driven by strong banking and trading fees

$JPM SEES Q3 BANKING + TRADING FEES UP MID-TO-HIGH TEENS Co-President Doug Petno says deal activity is “quite robust,” with broad-based investment-banking strength across all geographies. Petno also said JPMorgan sees “nothing flashing red” and very little “flashing yellow” across U.S. consumers and corporates, with nothing systemic currently concerning the bank. On leadership, Petno said Jamie Dimon is “not stepping back.”