NEW YORK (AP) — It's been a scandal-filled few months for banks.
JPMorgan Chase revealed a $2 billion trading loss, triggering an investigation by the government and hearings in Congress. Then the large banks were implicated in a global dust-up over interest rate manipulation.
All this happened amid signs of a slowdown in the U.S. and Chinese economies and a debt crisis in Europe, which won't help the banks as they report their financial results for April through June.
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