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Of Course It's Right to Ringfence Rogue Traders | |
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September 16, 2011 Thank you, UBS. As a member of the UK’s Independent Commission on Banking, under Sir John Vickers, I could not have asked for a better illustration of the unregulatable risks to which investment banks are exposed than Thursday’s announcement of a loss of $2 billion in “unauthorised trading”, according to the FT. Source: http://www.cnbc.com/id/44545079?__source=RSS*tag*&par=RSS |
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