Volcker compliance to raise costs for private banks

22 May 2012 | 2 minutes read

As the July 21, 2012 deadline for the implementation of the Volcker Rule approaches, private banks may have more to worry about than they had initially reckoned. “While the Volker Rule primarily applies to the proprietary trading activities of investment banks, it will potentially impact the cost of manufacturing products across banking sub-sectors, including private banks,” says Tony Wood, director,…

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