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By Donna Borak
MAR 19, 2010 6:55pm ET

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Trading Revenue Fell 66% in 4Q, OCC Says

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Commercial banks' trading revenue plummeted 66% in the 4Q, to $1.9B, according to the Office of the Comptroller of the Currency's quarterly derivatives report released Friday.

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What the Mortgage Settlement Means to Banks
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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
A source of relief for both banks and homeowners that could help the housing market and economy recover

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17th Annual Best Practices in Retail Financial Services Symposium
March 11-13, 2012
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