Faculty News
In an op-ed, Professors Roy Smith and Brad Hintz argue that improved first-quarter trading results does not warrant a strategy shift for investment banks
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Excerpt from Financial News -- "The rebound in trading revenues should not tempt banks that have decided to retreat from the area to reconsider that choice. The giants of fixed income, currency and commodities that profited so handsomely in the quarter from their constancy to trading, still face long-term performance issues in the post-crisis market-making business."
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