JPMorgan Chase achieved record annual profit amid a market rebound, boosted by strong performances in investment and trading sectors. The bank forecasts higher-than-expected net interest income despite a slight fourth-quarter decline.

JPMorgan Chase's annual profit rose to a record as its dealmakers and traders reaped a windfall from rebounding markets in the fourth quarter, it reported on Wednesday. The largest U.S. bank also forecast its net interest income,

JPMorgan’s net income soared 50% to more than $14 billion in the fourth quarter as the bank’s profit and revenue easily beat Wall Street forecasts, and other major banks reported banner earnings for t