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. Progress, however, was made by Wells Fargo ($5.58 billion in the third quarter of 2013, as opposed to $4.94 billion in the third quarter of 2012), Citigroup ($3.23 billion as opposed to $470 million a year ago). Results for Goldman Sachs were almost unchanged ($1.52 billion, compared to $1.51 billion last year). (IL/transl.fl)