All of the TBTF banks are lower premarket in concert with JPMorgan (JPM -2.9%). Of note is...

|By:, SA News Editor

All of the TBTF banks are lower premarket in concert with JPMorgan (JPM -2.9%). Of note is Goldman Sachs (GS -1.7%). Unless the cause of the sharp drop (39%) in JPMorgan's investment banking fees was a loss of business to competitors, the slowdown in this line of work may not bode well for Goldman.