May 31, 2017 / 1:58 PM / 6 months ago

JPMorgan 2nd qtr market revenue down 15 pct vs year earlier -CFO

NEW YORK, May 31 (Reuters) - Markets revenue at JPMorgan Chase & Co has been down about 15 percent so far in the second quarter from a year earlier, Chief Financial Officer Marianne Lake said on Wednesday.

Speaking at an investor conference, Lake said the decline stemmed from lower volatilty compared with a year ago when the United Kingdom was preparing to vote on Brexit.

Lake added that U.S. economic growth this year is “solid, not stellar,” as optimism continues for pro-growth policies in Washington despite the lack of significant changes in regulations and taxes. (Reporting by David Henry in New York; Editing by Chizu Nomiyama)

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