Tuesday, 09 February 2010




NEW YORK (Reuters) – U.S. President Barack Obama's plan to limit financial risk-taking could force banks, such as Goldman Sachs or JPMorgan, to shed parts of their private equity operations. Among the proposals, which require congressional approval, is that banks or financial institutions that own banks would not be able to own, invest in or sponsor private equity funds unrelated to serving customers. A number of...
Full Story: Yahoo Daily News



 

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