Bloomberg JPMorgan Chase & Co is the most profitable bank in US history. It expects to keep that title with help from the Fed and Donald Trump. Higher US interest rates engineered by the Federal Reserve and lower corporate taxes spearheaded by the Trump administration translate into about $7 billion more in pretax profit in coming years, JPMorgan said in ...

Bloomberg Bank of Nova Scotia’s focus on international banking is paying off. The Canadian lender, which has operations in about 50 countries, earned a record C$725 million ($571 million) from overseas businesses in the fiscal first quarter, up 14 percent from a year earlier. Those contributions, along with gains in Canadian banking, helped it post total profit that beat analysts ...

Bloomberg Bank of Montreal has made efforts over the years to expand in US banking. It’s a good thing it did. The Canadian lender’s US business was one of the few bright spots in its fiscal first quarter, deliv- ering higher earnings growth as divisions including capital markets and wealth management saw profits fall. Earnings from US personal and commercial ...