retail banking

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  French Banks’ Trading Assets Create ‘Systemic Risk’

  By Marlene Y. Satter, AdvisorOne  |  October 3, 2012

  The investment banking units of BNP Paribas, Société Générale, Credit Agricole and Natixis hold 2.05 trillion euros ($2.64 trillion) in trading assets.

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  EU Group Calls for Firewall on Risky Investment Banking

  By Marlene Y. Satter, AdvisorOne  |  October 2, 2012

  An EU advisory group said that the risks of investment banking should be separated from retail banking activities as a means of protecting depositors and taxpayers.

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  Mass Affluent Consumer Is the ‘New Black’

  By Joyce Hanson, AdvisorOne  |  September 19, 2012

  Just as fashionistas once declared that pink was the new black, mass affluent consumers are on the verge of overtaking HNW clients as a desirable customer base for retail banks, says HNW Inc.

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  London’s ‘Whale’ Loses $2 Billion for JPMorgan

  By Marlene Y. Satter, AdvisorOne  |  May 11, 2012

  CEO Jamie Dimon said that the office suffered an “egregious” failure and that losses from volatile synthetic credit securities could mount by another $1 billion in this quarter or the third.

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  Chase Private Client to Open 7 NYC Offices for Affluent Clients

  By Joyce Hanson, AdvisorOne  |  September 15, 2011

  Seven Chase Private Client offices will open in New York City this month as JPMorgan Chase & Co. combines the services of Chase retail banking with J.P. Morgan investments for affluent customers.