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Google News: Volcker rule is best way to tame casino banking

[Financial Times] - Sir, Tom Braithwaite's Inside Business column “Volcker conundrums fuel confusion over rule” (December 20) did an excellent job of presenting the banking industry's criticism of the Volcker rule. The claim is that the Volcker rule ban on proprietary

Company Diary: December 19 – December 25

www.ft.com
[Financial Times] - A miserable year for US financial services companies has seen few outperformers, writes Tom Braithwaite. But while US bank stocks have fallen per cent, MasterCard has risen 61 per cent this year as investors gravitate to the payment network.

Google News: CME chief alleges Corzine aware of transfers

[Financial Times] - By Shannon Bond and Tom Braithwaite in New York Jon Corzine, the former chief executive of MF Global, “was aware” that the broker-dealer made use of customer funds during its desperate fight for survival, a US Senate hearing was told on Tuesday.

Google News: Citigroup offloads remainder of Primerica

[Financial Times] - By Tom Braithwaite in New York Citigroup gained about $180m by selling the remainder of its stake in Primerica, the life assurance company that was a crucial building block in Sandy Weill's attempt to create a financial supermarket in the 1990s.
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