US banks face profit lull as mortgage boom fizzles

Unexpectedly large quarterly profits at JPMorgan Chase and Wells Fargo hide a more worrisome forecast for the rest of the year for many US banks. Things could get worse before they get any better.

via Business feed http://www.scmp.com/business/banking-finance/article/1283106/us-banks-face-profit-lull-mortgage-boom-fizzles