A Rule Too Far

May 12, 2012

On the issue of banks keeping their US branches open in light of the Volcker Rule, Scott Cammarn  stated, “There are some banks that are specifically choosing not to open a branch in the US because they are afraid of what will happen to it. People are very cognisant that there is now a real downside to establishing a branch in the US – and that downside is the Volcker Rule.”