Smaller Banks Form Own Volcker Lobby Groups

02 Nov 2012

Smaller banks, including U.S. Bancorp, SunTrust and PNC Financial, have split with their larger peers to form their own lobbying groups, pressing for changes to the Volcker Rule.

Smaller banks, including U.S. Bancorp, SunTrust and PNC Financial, have split with their larger peers to form their own lobbying groups, pressing for changes to the Volcker Rule. These banks argue that the rule that would force them to end proprietary trading would have a different impact on ...

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