Posts Tagged “Volcker Rule”
by Wall Street Job Report on April 4, 2014
You’re going to have to tear it from their cold, dead fingers. Goldman Sachs’ head honchoes—president Gary Cohn and chief executive Lloyd Blankfein (pictured above)—aren’t giving up the ghost on the firm’s bread-and-butter business of trading fixed income, currencies and commodities. At least (…)
by Wall Street Job Report on December 13, 2012
Volcker rule opponents are making their case for alternatives to the proprietary trading ban at a U.S. House Financial Services Committee hearing as regulators move closer to completing work on the Dodd-Frank Act measure.
Libyan Authorities Make Arrests in Benghazi Attacks and Other Top Stories on The Street for Sept. 14, 2012
by Kyle Colona on September 14, 2012
Libyan Authorities Make Arrests in Benghazi Attacks Libyan authorities made arrests in the apparent terrorist attack on the US consulate in Benghazi that left US ambassador Chris Stevens and three state department staffers dead. The news followed a call by (…)
by Kyle Colona on June 28, 2012
The Volcker Rule is forcing many firms to spin off their proprietary trading units and traders are moving to set up their own so-called prop shops.
by Beth Connolly on May 25, 2012
The Chief Investment Office of JPMorgan Chase, which recently made worldwide news headlines by losing $2 billion of the bank’s money in bad synthetic hedges, also invested in LightSquared and other questionable ventures.