Hedge Funds Reject Goldman Regulation Call

Leading hedge fund managers have hit back at calls for tougher regulation of their industry made by Gary Cohn, Goldman Sachs (GS) president, in Davos. In a panel discussion on Wednesday, Mr Cohn warned that greater regulation of banks would push risky activities into the “shadow banking sector” which he said was “less regulated” and “opaque”. – FT

Be the first to comment

Leave a Reply

Your email address will not be published.


*