Proprietary trading: Safer figures against prop trading

Prop trading large part of revenues; Volcker Rule needs to go further

So proprietary trading does not add much to the bottom line for banks and the Volcker Rule will have little impact? The banks are not being entirely accurate in making this suggestion, according to data produced by a group of economists in the US.

Safer (the economists’ committee for stable, accountable, fair and efficient financial reform) released a paper in February disputing claims by US investment banking franchises that prop trading contributes only a small proportion of revenues.

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