J.P. Morgan - J.P. Morgan announces another record quarter in earnings, continues to lead league tables in 1Q07

J.P. Morgan announces another record quarter in earnings, continues to lead league tables in 1Q07

Here are some highlights:

Record IB fees of $1.7 billion, up 48% over last year
Record debt underwriting fees
Third highest advisory fees
Record equity underwriting fees
Record Equity Markets revenue
Record Fixed Income Markets revenue
Record revenue of $6.3 billion, up 30% year-over-year thanks to record IB fees and record markets results
Record earnings of $1.5 billion, up 81% year-over-year and up 53% compared to Q406
We are particularly pleased with our ROE performance, which was 30% on $21 billion of allocated capital, our best result in years, versus 19% last quarter

March YTD League Table Highlights
Sources: Thomson Financial, Dealogic

Global highlights

US highlights