A strong Volcker Rule would clearly be unacceptable to both Banks given how important the brokerdealer operations are to their bottom lines.
鉴于经纪交易业务对这两家银行净利润的重要程度,它们显然无法接受强硬的沃尔克法则。
2
If the Banks fail to engineer satisfactory loopholes to protect their profitable broker-dealer operations, they will then face a daunting choice - to be or not to be a bank holding company.
But in the broker-dealer world, confidence and perception are critical, and if enough people believe you're going under, rightly or wrongly, the game is over - fast.