Wall Street Roundup: JPMorgan’s soft underbelly. Canadian outrage.

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Gold: Trading now at $1,527 per ounce, up 1.0% from Tuesday. Dow Jones industrial average: Trading now at 12551.66, down 0.1% from Tuesday.

Blaming the raters. European Union officials are attacking American credit ratings agencies for contributing to the ongoing financial crisis there.

JPMorgan’s soft underbelly. JPMorgan has been seen as the success story of Wall Street over the last few years, but its push abroad has exposed some of the bank’s weakness.

Canadian outrage. Seventeen Canadian bank executives included generous severance packages for themselves in a deal to sell their company to another Canadian bank, generating anger up North and serving as a cautionary tale for us down South.

The Big Board’s decline. A long look at how the New York Stock Exchange lost its preeminent position as the place to trade American stocks.

-- Nathaniel Popper