The bone of contention described yet by banks as the limits on derivatives trading has snowballed to the next stage with the Fed adopting the more stringent 10% interbank exposure limit, lining the coffin of the hitherto “wholesale funding” that…
The bone of contention described yet by banks as the limits on derivatives trading has snowballed to the next stage with the Fed adopting the more stringent 10% interbank exposure limit, lining the coffin of the hitherto “wholesale funding” that…
David Viniar, CFO of Goldman Sachs is one of the venerable names on Wall Street that defend limitations of the Volcker Rule. Wall Street has been preparing itself for the worst manifestations of Volcker’s rule since 2008, barely two months…
With a new cycle for profitable trades, the depleted staff at investment banks may still be able to generate the revenues it has missed int he first 3 quarters though not more than 10% uptick from the 60% level of…
Long winded one year negotiations, and a handful of committees later, the modified regulations seem set to be put into law. Thru a marathon 21 hour session yesterday, Lincoln’s draconian provision banning banks from any derivatives trading was one of…
Private Equity is a specialised business, in that the players concerned are unlikely to turn up to defend their investments and even trading actions to a Senate Banking Committee, even as Volcker deigns to equate risk limits umbrella to the…
closer to my chawl in this unknown highrise in Bangalore suburbs, even Axis Bank has had no success with what it was running a s a PE operation. Its funds would have raised close to $1b in 2008 and later…
In a big public punch at the Street for the third time in Bank results week, Obama enumerated the new Volcker rule to add-on to the reforms instituted by Barney and Dodd Paul Volcker has new risk limits After the…
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