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JPMorgan lifts interest income forecast after profit beats estimates

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5 hours ago

JPMorgan Chase raised its full-year forecast for net interest income on Tuesday, after strong performance in its trading and investment banking businesses helped it beat expectations for third-quarter profit.Economic resilience despite tariff war risks and hopes of U.S. interest rate cuts have prompted companies to strike big deals and consider stock offerings, lifting investment banking business across Wall Street, with dealmakers expecting an even stronger 2026."While there have been some signs of a softening, particularly in job growth, the U.S. economy generally remained resilient," CEO Ja...

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5 hours ago
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