Legal Costs, Trading Revenue Hurt Citi’s 4Q; Sound Familiar?

Legal expenses and a drop in trading revenue led to disappointing fourth-quarter financial results for Citigroup (C). Sound familiar? At J.P. Morgan & Co. (JPM) and Bank of America (BAC), similar problems hobbled their fourth-quarter financial results this week. As a result, J.P. Morgan, having closed the books on its 2014 calendar year Wednesday morning, [...]