Seidt stresses the importance of maintaining the integrity of CRD data
The introduction of price volatility is expected to lead to more conservative investment behavior from fund managers
Client settlements can’t force a clean record
Funds required to float their share price
Regulatory and compliance related costs are also on the rise
Review to consider possible enhancements improve transparency, impartiality, and efficiency
Sub-prime mortgage settlement includes US$4.5 billion in penalties and US$2.5 billion in consumer relief
French bank to pay US$9 billion for processing transactions for clients in blacklisted countries
Continued declines in FICC segment are outpacing improvements in the equity capital markets business and investment banking
Economy showing signs of a rebound following greater-than-expected first quarter decline