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Tuesday, September 3, 2013

Dealers in Debt Pare Commitments Raising Risk as New Rules Bite

... the biggest purchases and sales of investment-grade securities in 2009 now say they need nine or 10, according to Stamford, Connecticut-based financial advisory firm Greenwich Associates. Dealers globally have cut more than 500,000 jobs in the past ...

http://washpost.bloomberg.com/Story?docId=1376-MSIKJS0D9L3501-2AS34IKQCGR7D5KBMOHV1EVEFI

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