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Daily Archives: December 10, 2013
Increased regulation leaves less room for bank profits
Good discussion and good charts on the bank index reminding that even after an incredible rally the past 2 years paid for by central banks, the US bank share index has just retraced half of shareholder losses in 2007-09. Graham … Continue reading
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Volcker–for better and worse
Today we have the vote finally to implement the long delayed “Volcker Rule” to reign in proprietary double-dealing trading at big banks. The wording just last week morphed into a tougher stance with an outright ban on the nebulous “portfolio … Continue reading
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