Title:    The Impact of Volcker Rule on Bank Profits and Loan Spreads

Speaker:  Jussi Keppo
          University of Michigan/Aalto University (School of Economics)

Time:     Monday 12 September 2011, 16:15-18:00

Place:    Room U322
          TKK Main Building (Otakaari 1 M, Espoo)
         

Abstact:

Banks trade in order to hedge their cash flows and to increase their value
through alpha generating trading strategies. We analyze the impact on bank
profits and loan spreads if the trading is prevented by regulation.