Bank stocks surge after regulators ease financial crisis-era Volcker Rule (JPM, GS, BAC, C, WFC)

Bank stocks surge after regulators ease financial crisis-era Volcker Rule (JPM, GS, BAC, C, WFC)

Business Insider

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· *Bank stocks surged on Thursday after financial regulators announced they would ease the financial crisis-era Volcker Rule.*
· *The Volcker Rule generally prohibited banks from engaging in proprietary trading and from having certain relationships with hedge funds and private equity funds.*
· *The rule change will provide...

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