Compliance

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Greg MacSweeney
Greg MacSweeney
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Sallie Weeps Blood, Greg Smith Cashes In, Breaking Up the Banks and More

Sallie Krawcheck gave what is likely the most graphic description of big bank complexity, while Goldman Sachs prepares for ex-employee Greg Smith's supposedly tell-all book. Here what people are saying about these newsmakers, breaking up the big banks and the euro's continued troubles in this week's top quotes.
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6. Broken Euro

The cost of breaking up the euro would have been much higher than saving it.

—Tatjana Michel, director, currency analysis, Schwab Center for Financial Research

Source: As Markets Finally Celebrate the Euro, Charles Schwab Launches New Global Investing Platform

 

Greg MacSweeney is editorial director of InformationWeek Financial Services, whose brands include Wall Street & Technology, Bank Systems & Technology, Advanced Trading, and Insurance & Technology. View Full Bio

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Stressed Out by Compliance, Reputational Damage & Fines?
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