Rebounding from market-related troubles, two big New York banking companies posted fourth-quarter earnings Tuesday in excess of Wall Street's expectations.

Chase Manhattan Corp. said its profits soared 31.6%, to $1.15 billion in the period, thanks to double-digit gains in all three of its major businesses. Earnings per share of $1.31, up smartly from the third quarter, trounced analysts' forecasts by 12 cents, though Chase had said in December that it would post record results.

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