Posts Tagged “Volcker Rule”
U.S. Banks to Make Another Push Against Volcker Rule
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 (…)
The Real Costs of Running Your Own “Prop Shop”
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.
JPMorgan CIO Invested In LightSquared: What Were They Thinking?
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.
HP Considers 25,000 Job Cuts and Four Other Stories the Street Needs to Know This Week 5/18/12
by Kyle Colona on May 18, 2012
HP Job Cut plan, JP Morgan $2billion swap loss, Jamie Dimon to testify, Spanish banking crisis, Greece Elections in June.
