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Jamie Dimon signals second-quarter investment banking fee fall

JPMorgan is likely to report a 10% fall in M&A and capital markets revenues

JPMorgan is likely to report a 10% fall in investment banking fees for the second quarter, its chief executive has warned.

Speaking at Deutsche Bank’s Financial Services Conference in New York, Jamie Dimon said the bank was on course to report revenues of $1.7bn for mergers and acquisitions advice and capital markets work in the three months to June 30.

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