JPMorgan Chase & Co CEO Jamie Dimon gestures as he arrives for a Senate Banking
JPMorgan CEO Jamie Dimon.
  • Big banks have reported their second-quarter earnings over the past week.
  • JPMorgan's profits surged to a record high after it bought First Republic.
  • Bank of America and Morgan Stanley also posted strong results as banking crisis fears fade.

Big banks have released their earnings over the past few days – and it's clear that Wall Street had a good quarter.

JPMorgan's rescue of First Republic helped its profits surge 67% to a record $14.5 billion for the three months to June 30.