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U.S. Volcker Rule May Have Less Impact On Bank Revenues Than Expected
The 900-plus page Volcker rule regulators released last week will not impact big bank trading revenues as much as banks had feared, said industry executives and consultants who have finally plowed through the rule. The final rule, required by the 2010 Dodd-Frank financial reform law, also allows banks to protect themselves by hedging against price changes in groups of securities, loans, or other ... Read News
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A lack of financial savvy and bad luck. It can take 35 to 50 years to get out of debt by paying the minimum on cards with typical 20 to 30 percent interest rates, Bach said. The CCCS program is designed to eliminate Fentress' $76,000 of credit card debt in five years. She will work on $ ... View Doc
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From late 2009, fears of a sovereign debt crisis developed among fiscally conservative investors concerning some European states, with the situation becoming particularly tense in early 2010. This included Eurozone members Greece, Ireland and Portugal and also some European Union (EU) countries ... Read Article
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How Qualified Student Loans Could Protect Borrowers And Taxpayers
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