Bank of New York Mellon Corp.'s (BK) second-quarter profit fell 37% as the trust bank saw a litigation-related charge weigh down its bottom line and revenue decreased.

PNC Financial Services Group Inc.'s (PNC) second-quarter earnings fell 40% as the regional lender booked a large provision for residential mortgage loan repurchase obligations.

Kasikornbank PCL's (KBANK.TH) second-quarter net profit rose 28% from a year earlier owing to higher net interest and fee and service income, it said Wednesday.

AMR Corp. on Wednesday said its second-quarter loss narrowed to $241 million, or 72 cents a share, from a loss of $286 million, or 85 cents a share, in the year-ago period.

Bank of America (NYSE:BAC) swung to a profit in the second quarter. Earnings and Revenue The company posted an EPS above analyst expectations, though revenues fell short of predictions. The company reported EPS of 19 cents a share versus the 15 cents a share estimate and revenues of $22.2 billion

BlackRock Inc.'s (BLK) second-quarter profit slid 11% as the money manager saw investment advisory revenue decline and a loss on investments.

The number of total mortgage applications filed in the U.S. last week jumped 17% as mortgage rates fell to new lows, the Mortgage Bankers Association said Wednesday.

European markets edged up on Wednesday as traders digested testimony from Federal Reserve Chairman Ben Bernanke that offered little new guidance on whether the central bank will offer more economic stimulus.

The Bank of New York Mellon (NYSE:BK) saw its profit decline in the second quarter.

The Bank of New York Mellon Corp. on Wednesday reported a drop in second-quarter net income to $466 million, or 39 cents a share, from $735 million, or 59 cents a share in the year-ago-period.