JPMorgan Chase raised its net interest income forecast for 2025 after strong results in investment banking and trading helped it surpass profit expectations for the second quarter.

JPMorgan Chase raised its net interest income forecast for 2025 after strong performance in its investment banking and trading divisions helped it surpass profit expectations for the second quarter.

Citigroup's profit rose in the second quarter as its traders brought in a windfall from turbulent markets. The third-largest U.S. lender's net income was $4 billion, or $1.96 per share, in the three months ended June 30,

Citigroup, the third-largest U.S. bank by assets, reported second-quarter net income of $4 billion, up 25% from a year earlier. The bank said higher revenue drove the earnings jump, partially offset by increases in the cost of credit and expenses.