JPMorgan (JPM) Co-President Pinto says CEO Dimon is not stepping back

Co-President Petno We dont see anything flashing red or very little flashing yellow in the economy for the U.S. consumer and corporates. We dont see anything systemic that is concerning US at the moment Deal activity is quite robust Seeing broad based strength across IB and across all geographies. We would expect investment Banking fees in third quarter to be up mid to high teens We still worry about private credit, but the asset class is in a decent place vs earlier in the year.