Thursday, December 12, 2013

Banks weigh Volcker rule impact as agencies sign off





United States banks will no longer be able to make big trading bets with their own money after regulators finalised a rule on Tuesday that will shut down what was a hugely profitable business for Wall Street before the credit crisis.









via Business feed http://www.scmp.com/business/banking-finance/article/1378561/banks-weigh-volcker-rule-impact-agencies-sign

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