Fixed income

The country's largest bank said second-quarter profit fell 51% to $4.69 billion, a smaller drop than forecast, as record trading revenue helped counter the biggest loan-loss provision in its history.

A healthy increase in consumer banking revenue also helped drive an 8% jump in profits at the nation's largest banking company.

Royal Bank of Canada reported a 5% increase in quarterly profits, but a sharp increase in its loan-loss provision is raising concerns about credit quality.

The interest-rate moves stoking President Donald Trump’s ire are also fueling Citigroup Inc.’s profits.

A decade after buying Bear Stearns, JPMorgan has maintained its revenue from fixed-income trading while many rivals saw theirs slip.