( | Tribune file photo)
Zions Bancorporation is taking a charge of $387 million to rid itself of a sizable portfolio of trust-preferred, collateralized debt obligations and other CDO because it believes the securities would be considered “disallowed investments” under the new Volcker Rule.
U.S. law intended to curb risk-taking prompts Zions Bank to sell stocks
By MATTHEW GOLDSTEIN
| New York Times News Service
First Published Dec 19 2013 11:58 am • Last Updated Dec 19 2013 01:48 pm
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