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Goldman Most at Risk of Flow Trading Ban?
Goldman Sachs would be the most hurt if the Volcker Rule does ban flow trading, says Brad Hintz, Sanford C Bernstein & Co. "Goldman is most exposed to fixed income, Morgan Stanley next- and then you've got the big banks like JPM and Bank of America and Citi," he adds. Hintz also says that US banks will not suffer from European contagion.
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Goldman Most at Risk of Flow Trading Ban?
Goldman Sachs would be the most hurt if the Volcker Rule does ban flow trading, says Brad Hintz, Sanford C Bernstein & Co. "Goldman is most exposed to fixed income, Morgan Stanley next- and then you've got the big banks like JPM and Bank of America and Citi," he adds. Hintz also says that US banks will not suffer from European contagion.
Date: 10/11/11
Views: 55
Video by:  CNBC
 
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