Short-Selling Should Be Forbidden, Heraeus Tells Handelsblatt
Juergen Heraeus, the supervisory board chairman of Germany’s Heraeus Holding GmbH, said short- selling should be forbidden and some financial transactions have damaged banks’ credibility, Handelsblatt reported.
Rules which require banks to hold more equity and limit proprietary trading are a step in the right direction, Heraeus said, according to an interview with the German newspaper.
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