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Paul Volcker Profile, Biography, About

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  • A cashier rings up a customer's groceries at a Bharti Walmart wholesale store in Zirakpur, India.

    One market watcher says India’s current inflation environment resembles that of the United States in the early 1980s, drawing parallels between India’s current central bank governor Duvvuri Subbarao and Paul Volcker, who had served as Federal Reserve chairman back then.

  • The Goldman Sachs booth on the floor of the New York Stock Exchange

    Goldman Sachs and Morgan Stanley may shed the "bank holding company" classification in order to skirt the Volcker rule banning propriety trading with the firm’s own capital, an analyst says.

  • Banking Industry Revamp Moves Step Closer to Law Wednesday, 12 Oct 2011 | 9:51 AM ET
    Wall Street sign

    Wall Street is bracing for major changes from a new rule that would overhaul how the banking industry conducts its trading. The New York Times reports.

  • Delta One Desks Are Big Moneymakers Friday, 16 Sep 2011 | 3:43 AM ET
    NYSE trader

    The $2 billion trading loss that has rocked the Swiss banking giant UBS has also cast a spotlight on a relatively unknown but increasingly profitable corner of Wall Street — Delta One desks.

  • Catching Up With Paul Volcker at the Waldorf Tuesday, 24 May 2011 | 2:42 PM ET
    Former U.S. Federal Reserve Chairman Paul Volcker

    Our intrepid reporter talks to former Federal Reserve Chief Paul Volcker, in town for a benefit for the National Academy Foundation, at the Waldorf Astoria.

  • Goldman Sachs

    Why should Goldman Sachs be "freaked out" by the Volcker Rule, and lobbying hard to debilitate it?

  • Goldman Is Not Resisting Volcker Wednesday, 4 May 2011 | 5:02 PM ET
    Goldman Sachs CEO Lloyd Blankfein

    It's hardly surprising that Goldman Sachs wants to be able to deploy the firm's capital to longer term investments.

  • Stocks End Mixed as Retail Slides; Tech Gains Thursday, 6 Jan 2011 | 4:57 PM ET
    CES 2011 - Your Digital Life - A CNBC Special Report

    Stocks ended mixed as the Dow's rally skidded to a halt as retailers reported weaker-than-expected December sales. Verizon and Travelers slid, while Microsoft gained.

  • Stocks Trade Mixed as Tech Gains, Retail Falls Thursday, 6 Jan 2011 | 3:57 PM ET
    CES 2011 - Your Digital Life - A CNBC Special Report

    Stocks traded mixed Thursday as technology stocks rose and retailers skidded following weaker-than-expected December sales. Verizon skidded, while Microsoft gained.

  • Stocks Turn Mixed as Retail Falls, Tech Gains Thursday, 6 Jan 2011 | 12:16 PM ET
    CES 2011 - Your Digital Life - A CNBC Special Report

    Stocks turned mixed as retail stocks skidded on news of weaker-than-expected December sales. Verizon and AT&T fell, while Boeing rose.

  • Gene Sperling 101 Thursday, 6 Jan 2011 | 11:10 AM ET
    Gene B. Sperling, an American economist and political expert.

    President Obama is said to be ready to name Gene Sperling the chairman of the National Council of Economic Advisers. Mr. Sperling, 52, who held the same job under President Bill Clinton, will succeed Lawrence Summers. The New York Times reports.

  • Futures Ease Slightly After Jobless Claims Thursday, 6 Jan 2011 | 9:10 AM ET

    U.S. stock index futures eased slightly, but remained higher, after jobless claims came in largely as expected.

  • Fed Adopts Political Tactics on Critics Tuesday, 23 Nov 2010 | 10:41 AM ET
    Ben Bernake with Chris Dodd

    Faced with unusually sharp ideological attacks after its latest bid to stimulate the economy, the Federal Reserve now faces a challenge far removed from the conduct of monetary policy: how to defend itself in a hyperpartisan environment without becoming overtly political. The New York Times reports.

  • 5 Questions With Stephen Roach Tuesday, 9 Nov 2010 | 10:01 PM ET
    Stephen Roach, senior executive with Morgan Stanley

    Stephen Roach, widely regarded as one of Wall Street's most influential thought leaders, shares with  CNBC how he started in the financial world and why Paul Volcker is his personal hero.

  • Tighter US Ban on Bank Trading Urged Friday, 29 Oct 2010 | 11:38 AM ET

    A group of senators led by Carl Levin, the Democrat from Michigan, is pushing a new financial oversight council to adopt a strict ban on proprietary trading at banks. The FT reports.

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