Wall St bankers crave action amid 'global lull'

New York

MANY crises could have erupted in the world during the second quarter, and then didn't. That's not necessarily good for Wall Street banks.

Top executives at JPMorgan Chase & Co, Bank of America Corp (BOA) and Goldman Sachs Group Inc are lamenting that there's too little happening in the world to spur investors to buy and sell. Yet at the same time, there's just enough uncertainty over geopolitics and US tax reform to restrain corporate mergers and acquisitions (M&As).