Wall Street's Biggest Firms Stumble In Stocks, Back Away From Bonds
Posted on January 17, 2013 at 22:01 PM EST
Whether it was stocks or bonds, trading revenues declined or stayed flat at JPMorgan Chase, Bank of America, Goldman Sachs, and Citigroup, each of which reported earnings this week. Meanwhile these banks seemed to have pulled away from the bond market while getting stung in the stock market.