Morning Scan: JPM's 3Q Revenue Weakness; Reasons for Dismantlin...

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An Ominous Sign: JPMorgan Chase's third-quarter results do not bode well for the rest of the banking sector. Revenue fell in all of JPMorgan's major businesses, dropping at a faster rate than analysts had projected. Trading was down, as was asset management, mortgage banking, commercial banking and consumer banking. Sluggish results were expected, because of the current interest rate environment, according to the "Heard on the Street" column. Any progress in the...