12:49 PM EDT, 05/20/2024 (MT Newswires) -- JPMorgan Chase's ( JPM ) Q2 investment-banking fees are on track to rise in mid-teens percentage year over year, Bloomberg reported Monday, citing the bank's co-chief executive Troy Rohrbaugh.

The markets business will reportedly see an increase in the mid-single digits, while fixed-income, commodities and currencies would experience a continuation of Q1, Rohrbaugh reportedly told participants at the company's investor day.

Rohrbaugh said JPMorgan ( JPM ) remained cautiously optimistic in banking and was seeing improved sentiment in the equities business.

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