The U.K. and Japan are urging the U.S. to rewrite the Volcker Rule, concerned trading...

|By:, SA News Editor

The U.K. and Japan are urging the U.S. to rewrite the Volcker Rule, concerned trading restrictions on U.S. banks could hit sovereign debt markets at a particularly fragile moment. In a high-profile expression of their concern, U.K. finmin George Osborne and Japanese counterpart Jun Azumi have written an op-ed in the FT.