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President Obama’s Proprietary Trading plan may cost Banks to lose BillionsAccording to reports coming from JP Morgan Chase & Co. analysts, US President Barack Obama’s plans to limit Proprietary Trading may cost Banks to lose an estimated $US 13 Billion. Among the top Banks, Goldman and Sachs would lose big around $US 4.67 Billion earnings followed by Morgan Stanley, Credit Suisse Group AG, UBS AG and [...] SHARETHIS.addEntry({ title: "President Obama’s Proprietary ...
2010-01-22 - Entertainment and Showbiz!