The Volcker Rule, named after former head of the Federal Reserve Paul Volcker who advised on the investment banking reforms of the Dodd-Frank legislation, has been rumoured for ages and was originally a proposal to ban proprietary trading completely. Proprietary, or prop trading, is where a bank speculatively plays the markets from their own P&L…
The Volcker Rule, named after former head of the Federal Reserve Paul Volcker who advised on the investment banking reforms of the Dodd-Frank legislation, has been rumoured for ages and was originally a proposal to ban proprietary trading completely. Proprietary, or prop trading, is where a bank speculatively plays the markets from their own P&L…
It’s a Sunday morning and I’m asked to contribute to a debate on the BBC’s Sunday Morning Live (using awful Skype webcam) about whether the rich should feel a moral obligation to pay more tax.* My take on this is that the rich make their money through businesses generally that are tax efficient through tax avoidance…
It’s a Sunday morning and I’m asked to contribute to a debate on the BBC’s Sunday Morning Live (using awful Skype webcam) about whether the rich should feel a moral obligation to pay more tax.* My take on this is that the rich make their money through businesses generally that are tax efficient through tax avoidance…
Email received 08:47, 29/09/2011: Dear Mr. Skinner I have to say that your blog reflects the UK: a nation of bloody whingers. This was well demonstrated by the release of the FSA’s figures this week that shows all your citizens do is complain. In fact, I wholly expect you to post the headline today that…
Email received 08:47, 29/09/2011: Dear Mr. Skinner I have to say that your blog reflects the UK: a nation of bloody whingers. This was well demonstrated by the release of the FSA’s figures this week that shows all your citizens do is complain. In fact, I wholly expect you to post the headline today that…
I was sent a list from the American Banker this week, who have just published their annual list of the most powerful women in banking. Number 1 is Karen Peetz, Vice Chairman of BNY Mellon Generates roughly half of BNY Mellon's pretax income Manages a third of its 52,000 employees in 115 cities around the…
Global 100 - 2024 Winner
Chris Skinner - Financial Markets Advisor of the Year - The Finanser - UK 2023
Best Financial Markets Advisor of the Year 2023
