Wall Street Seeks Patience After Worst 1st Half Since ’08 – JPM, BAC, GS, MS, C

Wall Street’s five biggest banks reported the worst start to a year since 2008. They’re still asking investors to be patient. JPMorgan Chase & Co. (JPM), Bank of America Corp. (BAC), Citigroup Inc. (C), Goldman Sachs Group Inc. (GS) and Morgan Stanley (MS) had combined first-half revenue of $161 billion, down 4.5 percent from 2011 [...]