As has been widely reported, TD Bank last week became “the largest bank in U.S. history” to plead guilty to Bank Secrecy Act (BSA) and anti-money laundering (AML) program failures, according to Merrick B. Garland, U.S. Attorney General. TD Bank N.A. and its parent company TD Bank US Holding Company pleaded guilty to resolve the… Read More >>
Deutsche Börse Taps UniCredit Bank for Next CEO
New Deutsche Börse CEO to Serve for Three Years The next CEO for the Deutsche Börse will be Theodor Weimer from UniCredit Bank who will serve for three years, starting Jan. 1, 2018, according to the supervisory board of the exchanges and clearing company. The 57-year-old Weimer “will take over from CEO Carsten Kengeter who… Read More >>
Trump’s Treasury Moves to Repeal & Replace Dodd-Frank
The U.S. Department of the Treasury released a report late last week that is being called a blueprint for all the federal agencies that oversee Wall Street firms, and it points to ways to “streamline and reform the U.S. regulatory system for the capital markets,” according to Treasury officials. The report follows President Trump’s Executive… Read More >>
