Former FDIC Deputy Director Joins Promontory

Jul 6 2011 | 9:50am ET

John M. Lane, formerly of the Federal Deposit Insurance Corporation, has signed on as a special advisor at Washington, D.C.-based Promontory Financial Group.

Lane, who was the founding head of the complex financial institutions branch at the FDIC, spent 34 years with that agency, most recently as the deputy director of the supervision and consumer protection division. In that role, he provided executive oversight of the agency’s national risk-management examination program, led its horizontal risk-assessment initiatives and was instrumental in its development of large-bank failure simulations.

“There are few people who have John’s institutional knowledge of the FDIC, its regulation, supervision and resolution operations,” said Eugene A. Ludwig, Promontory founder and chief executive officer. “We are fortunate to have such a distinguished adviser for our clients managing systemic risk and designing and implementing living wills.”

Promontory advises financial services companies worldwide on regulatory, risk, controls, compliance, governance, capital and liquidity issues.


In Depth

Why Ponzi Schemes Work: An In-Depth Look At The Allen Stanford Fraud

Dec 21 2014 | 10:30am ET

Texan Allen Stanford first appeared on the radars of financial regulators in 1997...

Lifestyle

Hedgie Funds US Squash Program

Dec 24 2014 | 8:46am ET

Squash, anyone?

Guest Contributor

EidoSearch’s Top Three Market Projections For 2015

Dec 23 2014 | 4:03am ET

It is that time of year again when prognosticators make their big market calls for...

 

Sponsored Content

Editor's Note

    Guidelines for Guest Articles

    Oct 22 2014 | 9:46am ET

    We are always looking for guest articles from hedge fund managers and buy-side firms.

    If you are interested in submitting a contributed piece for possible publication on FINalternatives, please take a look at the specs. Read more…

 

Futures Magazine

December 2014 Cover

Futures 2014 person of the year

Jeff Sprecher was simply looking for a platform to trade energies when launching ICE 14 years ago but it has grown to reach the pinnacle of both the listed futures and equities world.

The Alpha Pages

TAP July/August 2014 Cover

The Alpha Pages Interview: Senator Rand Paul

Senator Paul sat down in the debut series of the Alpha Pages Interview to discuss the broken tax code, regulation surrounding Bitcoin, and his plans for the 2016 Presidential election.