Bank of America profit rises on trading boost

Citigroup Inc.
Bank of America Corp
Wells Fargo & Company
Jpmorgan Chase
Goldman Sachs Group, Inc.

Citigroup Inc.

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Bank of America Corp

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Wells Fargo & Company

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Jpmorgan Chase

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Goldman Sachs Group, Inc.

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- Bank of America BAC.N reported a rise in second-quarter profit, driven by strong trading activity as global market volatility prompted clients to reshuffle their portfolios.

The bank reported a net income of $9.1 billion, or $1.21 per share, in the three months ended June 30, compared with $7.2 billion, or 90 cents per share, in the year earlier.