German Finance Ministry:Draft Bank reform law sees a separation of proprietary trading activity if it exceeds 100bln Euros or 20% of balance sheet

  • Sees deposit institutions carrying on with market-making, treasury and client trading account activities, but will prevent deposit institutions lending to the likes of hedge funds, high frequency trading institutions and private equity
  • Sees new regulations coming into effect in a year’s time with separation of risky activities by July 2015

Reuters reporting

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