J.P. Morgan Chase & Co. posted a 17% rise in first-quarter profit that was driven by a continued rebound in areas such as bond trading, while lending margins expanded as rates recently ticked up. The results from the nation’s largest bank by assets showed that while hoped-for benefits the Trump administration would bring to financial firms have yet to be realized, many of banks’ bread-and-butter businesses were performing well....

Source: Wall Street Journal April 13, 2017 10:43 UTC