Increased revenues from trading and deal fees have provided a boost for investment banks amid a more stable interest rate environment that in turn has revived capital markets.

Global banks have recorded a 25 per cent increase in investment banking revenue to $36.97 billion in the first six months of the year, according to data from Dealogic.

JP Morgan, Goldman Sachs and Bank of America were the top performers in the first half of 2024 as they generated investment banking revenue of $3.5 billion, $2.7 billion and $2.4 billion, respectively.

Jamie Dimon, the boss of JP Morgan, says the economy in the United Sates is “in pretty good shape”

ALEX BRANDON/AP

In April Jamie Dimon, the chief executive of JP Morgan, spoke of the “unbelievable” performance of the American economy and claimed that the United States was “in pretty good shape and so far it looks