(Reuters) – JPMorgan Chase & Co (JPM.N) missed profit estimates for the fourth quarter as a slump in bond trading revenue overpowered strong consumer loan growth and record revenues.

It was the first time JPMorgan Chase, the largest U.S. bank by assets, has underperformed earnings-per-share expectations in 16 quarters, according to Barclays equity analyst Jason Goldberg.

JPMorgan was the second large U.S. bank to point the finger at choppy markets in December for its bond

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