WASHINGTON (Reuters) - A fragmented regulatory landscape and obstruction by lobbyists are to blame for a lack of progress in banning banks from betting with their own money, Paul Volcker said on Monday.Full story
In a rare interview, former Federal Reserve Chairman Paul Volcker tells CNBC's "Squawk Box" that his namesake rule has already changed the way Wall Street does business, despite the delays in crafting the final draft. The Volcker Rule is part of the 20...
LONDON (Reuters) - A few simple rules should form the backbone of bank regulation after the financial crisis and one should be a leverage ratio to curb banks' ability to over-stretch balance sheets, former U.S. Federal Reserve Chairman Paul Volcker said on Wednesday. Full story
Paul Volcker, former chairman U.S. Federal Reserve takes part in the Spruce Meadows Changing Fortunes Round Table on business in Calgary, Alberta, September 9, 2011. REUTERS/Todd Korol
Paul Volcker, former head of the United States Federal Reserve, addresses the United Nations General Assembly on the "State of the World Economy and Finance in 2012" at U.N. headquarters in New York May 17, 2012. REUTERS/Eduardo Munoz