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Europe Daily Bulletin No. 10962

14 November 2013
Contents Publication in full By article 28 / 30
BUSINESS NEWS NO 81 / (ae) banking

Disappointing results for “Big Six”. The six biggest US banks are also suffering in an anaemic economic environment. JP Morgan posted a loss in the third quarter, the first since 2004, $380 million down, compared to a rise of $5.7 billion a year earlier. The net result for the Bank of America was also down over the past year from $4.01 billion (third quarter of 2012) to $2.5 billion. Morgan Stanley also experienced a loss of $1.05 billion, compared to a $880 million rise a year ago....

Contents

ECONOMY - FINANCE - BUSINESS
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
BUSINESS NEWS NO 81