Rising interest rates that caught many US banks off guard are proving a boon for the nation’s largest, with JPMorgan Chase & Co. posting a record profit and some of its top rivals signaling stronger-than-expected earnings from lending. With customers borrowing more and stomaching higher rates to do so, JPMorgan and Wells Fargo & Co. both lifted forecasts for revenue from loans as they reported second-quarter results Friday. Citigroup Inc. unveiled a surprisingly strong jump in revenue from credit cards. That all threaded with fresh economic data showing consumer sentiment is improving as inflation eases. The kickoff ... (full story)