* Volcker rule deals with banks' risky operations-Frank * Derivatives rules one of most contentious part of bill WASHINGTON, May 25 (Reuters) - Congress' top architect on financial regulation said on Tuesday that there was no need to force banks out of the lucrative over-the-counter derivatives business. Barney Frank, who will chair the House-Senate panel that hammers out the final financial regulation bill, said he disagreed with language in the Senate's bill that could force banks to ...
Premium Content (PAID Subscription Required)
"UPDATE 1-No need to force banks out of swaps business-Frank" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.