News from other websites on Volcker Rule
Credit Suisse sells PE unit to Blackstone
Apr 23, 2013 at 10:00 | Source: NDTV Profit
Credit Suisse Group has agreed to sell a private equity business to Blackstone Group, the latest move by an investment bank to sell a business with illiquid assets in order to appease regulators and bolster its balance sheet. The Volcker rule - named...
Senate: J.P. Morgan’s Dimon withheld loss data
Mar 15, 2013 at 11:17 | Source: Market Watch
WASHINGTON (MarketWatch) — A Senate subcommittee report on Thursday charged J.P. Morgan Chase & Co. with ignoring its own limits on risk taking, manipulating risk models to avoid detection and ignoring warnings from traders as the bank’s CEO, Ja...
Goldman leads decline as Wall Street commodity revenues drop
Mar 12, 2013 at 01:51 | Source: FirstPost
NEW YORK (Reuters) – Commodity revenues at leading Wall Street firms crashed last year to their lowest on record, as tighter regulation and limited price swings squeezed the once dominant traders of Goldman Sachs Group Inc (GS.N), JPMorgan Cha...
Commodities revenue of 10 top banks fell 24% in 2012
Feb 18, 2013 at 07:07 | Source: Economic Times
LONDON/SINGAPORE: Commodities revenue at the 10 largest banks slumped 24% in 2012, the first drop since at least 2008, according to analytics company Coalition. The total fell to $6 billion from $8 billion in 2011, London-based Coalition said in a r...
Canada and Japan sound warnings on Volcker rule
Jan 28, 2013 at 13:16 | Source: Financial Express
By Tom Braithwaite and Michael Mackenzie in New York, Ben McLannahan in Tokyo and Shahien Nasiripour in Washington Foreign governments and asset managers are mounting a last-ditch push against the US Volcker Rule, worried that the proposed ban on pr...
Fed sees bond buying ending this year
Jan 04, 2013 at 05:07 | Source: Market Watch
WASHINGTON (MarketWatch) — There was a general sense among Federal Reserve officials that their bond-buying program would last, at most, until the end of the year, according to the minutes from their meeting last month that were released on Thursd...
Volcker Rule may hurt mutual funds, investors: ICI
Dec 14, 2012 at 07:47 | Source: Market Watch
WASHINGTON (MarketWatch) — A proposal set up to implement the Volcker Rule is intended to limit speculative activity of big banks and limit their hedge fund activity. However, a top lobbyist for the mutual fund industry told lawmakers Thursday tha...
Stock futures flat ahead of retail sales, claims
Dec 13, 2012 at 20:57 | Source: Market Watch
FRANKFURT (MarketWatch) — Retail sales data for November is expected to call the tune Thursday, with U.S. stock index futures trading flat to slightly lower as the bullish impact of the Federal Reserve’s decision a day earlier to provide additio...
Fed, central banks extend dollar swap lines
Dec 13, 2012 at 20:17 | Source: Market Watch
WASHINGTON (MarketWatch) — The U.S. Federal Reserve and other major central banks moved Thursday to keep pressures out of financial markets by keeping in place measures designed to make it easy for foreign banks to obtain dollar funding. THE FED ...
Fed sets jobless, inflation targets; to buy bonds
Dec 13, 2012 at 08:12 | Source: Market Watch
WASHINGTON (MarketWatch) — The Federal Reserve, in what analysts called a watershed move, set out new thresholds Wednesday on the level of unemployment and inflation that must be in place before it would contemplate higher interest rates. At the s...
Treasurys fall as Fed unveils more stimulus
Dec 13, 2012 at 03:02 | Source: Market Watch
LOS ANGELES (MarketWatch) — Treasury prices fell Wednesday, pushing up some yields to levels not seen in a month, after the Federal Reserve unveiled a fresh round of monetary stimulus aimed at keeping the economic recovery on track. The Federal Re...
Text of Fed’s interest-rate decision announcement
Dec 13, 2012 at 03:02 | Source: Market Watch
WASHINGTON (MarketWatch) — The following is the text of the Federal Reserve’s interest-rate decision announced Wednesday: Reuters Enlarge Image U.S. Federal Reserve Chairman Ben Bernanke is seen prior to the International Monetary and Financial ...
30 leaders who will set agenda in 2013
Dec 07, 2012 at 00:32 | Source: Market Watch
Our annual list of the people who will shape economic currents in the coming year. A small number of people have an outsize influence on the balance of your bank account, the fortunes of your investment portfolio, how you communicate and what you bu...
What Obama’s victory means for investors
Nov 11, 2012 at 15:31 | Source: Market Watch
For months, stock market investors fretted over which of two competing visions for the economy voters would endorse. With President Obama’s reelection Tuesday night, they finally have their answer — along with a chance to identify some clear win...
Pawlenty: ‘Walls of reality’ closing on Congress
Nov 08, 2012 at 04:02 | Source: Market Watch
WASHINGTON (MarketWatch) — Republicans and Democrats will have to reconcile their differences on spending and taxes because the “walls of reality are closing in on them,” a former presidential candidate told MarketWatch on Wednesday. Former Mi...
5 races investors must watch Election Day
Nov 07, 2012 at 00:51 | Source: Market Watch
SAN FRANCISCO (MarketWatch) – Call them five uneasy pieces. This year there are five important races investors need to watch. Who wins and who loses will go a long way toward determining how Wall Street will be regulated, how the Federal Reserve w...
Obama vs Romney: Solutions to stimulating the economy
Nov 05, 2012 at 21:21 | Source: DNA India
The health of the US economy has been central to the campaign for the White House, with both President Barack Obama and Republican challenger Mitt Romney seeking to convince voters they have a plan to usher in faster growth and job creation. The econ...
Power 30: The world’s most influential players for 2013
Oct 19, 2012 at 23:32 | Source: Market Watch
Our annual list of the people who will shape economic currents in the coming year. Click to Play The world s top financial forces Christopher Noble and David Weidner discuss financial forces who through their efforts to shape economic currents aroun...
Should Goldman Sachs go out of business?
Jul 12, 2012 at 02:06 | Source: Economic Times
Among those who believe that Goldman is basically the devil's spawn, there's of course only one answer to the above question: Yes! But there's another group that seems to be asking the same question, and that's investors. Consider that in the past y...
Should Goldman Sachs go out of business
Jul 12, 2012 at 00:26 | Source: Economic Times
Among those who believe that Goldman is basically the devil's spawn, there's of course only one answer to the above question: Yes! But there's another group that seems to be asking the same question, and that's investors. Consider that in the past y...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
