Sentence examples for proprietary operation from inspiring English sources

Citigroup's proprietary operation was sizable, but smaller than most.

JPMorgan Chase moved its proprietary desk out of its investment bank and into its asset management unit last year, and Morgan Stanley has said it will spin its proprietary operation into a separate entity later this year.

One is Salomon's huge proprietary trading operation.

Perhaps nowhere is this shift more profound that at Goldman, whose powerful proprietary trading operation is legendary on Wall Street.

The "reshaping of our proprietary credit operation is in line with the investment bank's strategy to reduce risk concentration and balance sheet utilization," Mr. Rohner wrote.

The group was part of the proprietary trading operation at Goldman, which shed these businesses to be able to comply with the Volcker Rule.

JPMorgan has already begun dismantling its so-called proprietary trading operation, to comply with new restrictions on banks making speculative bets using their own capital.

JPMorgan Chase and Citigroup announced similar plans to spin off their desks, and Bank of America declared over the summer that its proprietary trading operation had closed.

The agency's charges stem from Merrill's equity strategy desk, which ran the firm's proprietary trading operation from 2003 to 2005.

JPMorgan Chase and Citigroup announced similar plans to spin off their desks, and Bank of America said last month that its proprietary trading operation was now officially closed.

The bank estimated it lost 4.8 billion euros in the fourth quarter as chaotic financial markets dragged down its proprietary trading operation, once a huge profit center for Deutsche Bank.