Do you think that Financial regulations which will likely limit banks from investing their own money (Prop trading), will result in break-up of this business and will create jobs?
cfagem Wrote: ------------------------------------------------------- > Do you think that 1)Financial regulations which will likely limit banks from investing their own money > (Prop trading), will result in break-up of this business -> yes 2) and will create jobs -> no
This might signify an upswing in the market for auditors, compliance officers and back office analysts (for clearing the derivatives). Otherwise, I doubt it.