Volcker still likely to cause damage, expert warns
US banks remain highly cautious about the impact of Volcker rule, industry expert says
Concerns remain that the Volcker rule will significantly damage banks in the US, an industry expert has warned. The rule, which limits proprietary trading and equity investment for US banks, is expected to be re-proposed later this year. But questions remain about whether the re-proposal of the rule will continue to be delayed. And behind-the-scenes concerns about the damage Volcker might do to US
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