Goldman Sachs might benefit from Volcker Rule
The conventional wisdom on the Volcker Rule is that it would hit trading-intensive firms the hardest. A JPMorgan analyst last year estimated that the rule would reduce U.S. bank’s revenue by up...
Cowen Group Announces Additions to Board of Directors
Ramius President and CEO Thomas Strauss and Cowen and Company CEO Jeffrey Solomon Appointed to Board NEW YORK--(BUSINESS WIRE)-- Cowen Group, Inc. (NASDAQ: COWN) (“Cowen” or “the Company”) today
Corzine: Great trader, awful CEO
Should a wizened trader be tasked with running an entire firm? That's an obvious question in light of the terrific article from the New York Times about Jon Corzine's management of MF Global before
Protiviti and Morrison & Foerster to Examine Implications of Volcker Rule in December 14 Webinar
Newly proposed proprietary trading, investment prohibitions among discussion topicsMENLO PARK, Calif., Dec. 6, 2011 /PRNewswire/ --WHAT: The Volcker Rule continues to evolve as federal financial
Volcker Rule could be looming disaster for investors
Not too long ago, Goldman Sachs CEO Lloyd Blankfein said he was quite sure that customers of big investment banks would rise up and vociferously oppose the Volcker Rule, joining with the banks
Volcker Rule ushers in new era at Goldman Sachs
The conventional wisdom is that the Volcker Rule will hurt trading-intensive banks most severely, unless the rules are watered down at the eleventh hour. So how exactly will Goldman Sachs, the
Citigroup invests in own hedge funds
Bloomberg notes that Citigroup has invested $800 million of shareholders money in the firm's own hedge funds. Wasn't that supposed to be a "no-no" under the Volcker Rule? For the most part, the
An alternative to the Volcker Rule
Two professors at the University of Minnesota Law school have suggested that a simpler alternative to the Volcker Rule would be to require bank executives "to personally guarantee the debts of their
Gold or Silver? Oil or Gas? Which Commodity Will Perform Better?
LIMASSOL, Cyprus, November 1, 2011 /PRNewswire/ -- Stockpair, the Online Trading Platform for Pair Options, is Adding Commodity Pair Trading to its Growing List of Market Neutral Instruments Trading
Fitch Downgrades MF Global's LT IDR to 'BB+', ST IDR to 'B'; Rtg Watch Negative
NEW YORK--(BUSINESS WIRE)-- Fitch Ratings has downgraded the ratings of MF Global Holdings Ltd. (MF) including the company's Issuer Default Ratings (IDR) to 'BB+/B' from 'BBB/F2'. At the same time,
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