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KM Financial Solutions | Foreign banks to benefit from U.S. bid to simplify ‘Volcker Rule’
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Foreign banks to benefit from U.S. bid to simplify ‘Volcker Rule’

29 May Foreign banks to benefit from U.S. bid to simplify ‘Volcker Rule’

Posted at 23:20h in News by
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WASHINGTON, May 30 (Reuters) – Foreign banks and funds are
set to benefit from a move by U.S. regulators on Wednesday to
simplify a trading rule that foreign banks and regulators say
has inadvertently ensnared firms operating as far afield as
Europe and Asia.

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