Bank traders taking too many risks, says Obama

By Staff | July 7, 2014 | Last updated on July 7, 2014
1 min read

Last week, President Obama criticized Wall Street traders for taking big risks to collect bonuses, reports Bloomberg.

In a radio interview, adds Bloomberg, Obama suggested banks need to change operations internally and alter incentives for traders. Read more.

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The staff of have been covering news for financial advisors since 1998.