Hedge Fund News From HedgeCo.Net


First Volcker Victim? Zions Dumping Its Hedge Funds

Mat Levine (Bloomberg) – Two things that I took away from Zions Bancorporation’s run-in with the Volcker rule today are:

1. I seem to have been wrong about one important effect of the Volcker rule, and
2. Zions had a conference call in which its chief financial officer said “we got to that conclusion in part by looking at footnote 1,861,” so now my dream in life is to have a bank chief financial officer cite a four-digit-numbered footnote of mine; look forward to that.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>