Low interest rates cut into the U.S. bank's earnings
The U.S. bank's earnings jumped sharply in Q3, fuelled by trading, less in loan-loss provisions
The result is less than half what the U.S. bank made in last year's third quarter
U.S. bank saw few loan losses during the quarter
The bank's net income fell to $3.23 billion from $4.91 billion a year ago
While banks increased loan-loss provisions, some firms rode rising markets for quarterly gains
The month saw a surge in equity underwriting revenues
DBRS Morningstar notes that Canadian banks entered the downturn from a position of strength
The bank reported third-quarter profit of $36.2 million
Company bests expectations but profit is still down