Wall Street bankers are used to vicious swings in fortunes – it is in their DNA. Constitute a killing in the excellent times, they affirm, since markets may turn against you tomorrow.The job losses, bonus cuts and clampdown on the amount of trading books this age encircling, though, seem different. It’s not just the euro zone crisis, weak loan demand and volatile trading that has hurt profits, however a raft of fresh and proposed rules aimed at curbing risk and its sometime partner, reward.Glance at More…
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