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Overhaul of Wall St. Banks


Popper and Eavis, NYT DealB%k, New Rules Spur a Humbling Overhaul of Wall St. Banks, here.

The capital rules have had the effect of encouraging banks to focus on parts of their operations in which they are potentially taking fewer risks — like the divisions that manage money for pensions and investors — and de-emphasizing the trading desks.

Two Words  — “Finding NIMo.”


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