Decoding JPM, Wells Earnings; Goldman Trader Trial; Glass-Steagall 2

Breaking News This Morning ...

Citi Earnings: Citigroup profit rose 42% in the second quarter, due, in part, to cost-cutting and growth in emerging markets. Wall Street Journal, New York Times, American Banker Receiving Wide Coverage ...

JPM, Wells Earnings Post-Script: Second-quarter earnings for JPMorgan Chase and Wells Fargo looked pretty good, but earnings season has been marred by interest-rate worries, particularly among bank execs. Still, the Journal's Heard on the Street column argues that big banks like...