Douglas Landy, banking partner at Allen & Overy LLP, discusses his concerns about the Volcker Rule. Says Landy, "They should scrap the proposal that they have" because "it applies outside the United States, everywhere in the world." He warns that "the worst effect will be to cause some banks to pick up and move" outside of the United States. - Katie Roof
Canadian commercial real estate services firm Avison Young hired Daniel Carlo as a principal of and managing director of the firm's Miami office. For other updates launch today's Movers & shakers slideshow.