Hi, does anyone know what desk / division in a bank specializes in proprietary trading for regulatory capital and tax purposes? I believe it’s generally some kind of middle office regulatory role. Would be great to get more information about this. Thank you!
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Hey Taxman1001, I'm here to break the silence...any of these links help you?:
You're welcome.
all the banks i've traded at..this happened on the various individual product desks...there was no central "regulatory arbitrage" desk
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