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Articles tagged by proprietary risk

And Another Thing... The early signs from US bank reporting season is that FICC divisions haven't done well at all and the admission from one bank that the decline in earnings was due to clients being reluctant to enter markets signals to me that the FICC business model has to change. Just as news outlets can't have hundreds of reporters sitting around waiting for the Titanic to sink again, so banks need a better balanced FICC business - and that means more traders proactively taking risk.