Media Summary: Five U.S. regulatory agencies gave final approval to a rule that will bar U.S. banks from trading with their own money for a profit. CNBC's Dom Chu reports on the FDIC's vote to Aug.20 -- The Federal Deposit Insurance Corp. and other regulators rolled out tweaks that clarify which trades are prohibited and ...
Volcker Revamp To Ease Wall - Detailed Analysis & Overview
Five U.S. regulatory agencies gave final approval to a rule that will bar U.S. banks from trading with their own money for a profit. CNBC's Dom Chu reports on the FDIC's vote to Aug.20 -- The Federal Deposit Insurance Corp. and other regulators rolled out tweaks that clarify which trades are prohibited and ... Jul.12 -- The Federal Reserve plans to offer a fresh May.30 -- Bloomberg's Jesse Westbrook reports on the rollback of the Oct.11 -- Rodgin Cohen, senior chairman at Sullivan & Cromwell, examines the overhauled
The Federal Reserve said Thursday that banks will have a full two years to bring their activities in line with the so-called Assistant editorial page editor James Freeman on what the