JPMorgan's (JPM +1.5%) Q2 trading revenues are running 10-15% above those of a year ago, says...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

JPMorgan's (JPM +1.5%) Q2 trading revenues are running 10-15% above those of a year ago, says Co-CEO of the corporate and investment bank Mike Cavanagh, keynoting the UBS Financial Services Conference. Should the figure hold, it would be a nice improvement over what has been punkish growth at the global banks. As for the kerfuffle over Dimon, Cavanagh says it's the board's decision, but he humbly suggests the board - as currently configured - has done a pretty good job.