Six Banks Seen Reaping $157 Billion on Trump’s Return (1)

The six giants of US banking are expected to post their second-highest annual profit ever — a $157 billion haul — after riding out President Donald Trump’s dramatic policy changes.

Corporate dealmaking surged to a near-record, bolstered by his administration’s more business-friendly tone. Trading clients repeatedly repositioned portfolios in response to his abrupt announcements. Advances in artificial intelligence helped many lenders keep a lid on costs.

As bank earnings kick off next week, analysts estimate the industry’s six leaders — JPMorgan Chase & Co., Bank of America Corp., Citigroup Inc., Wells Fargo & Co., Goldman ...