Thursday, 2 October 2014
Last updated 15 hours ago
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.
Sep 22 2014 | 4:15pm ET
"I tell people that everybody likes good news and so if you have good performance that’s wonderful,” explains Mike McKitish of Peddie School's endowment, “but it’s the people that want to talk about the bad news or where they drifted and how they came back and how they stayed to their discipline…” that he wants to hear from. Read more…
Sep 30 2014 | 9:29am ET
The crisp Autumnal days of October are upon us, and so are a few of the hedge fund industry’s favorite charitable events. If you have never been to Rocktoberfest, well, you are missing out. And for a quieter evening of sipping and socializing, stop by HFC’s Wine Soiree. Read more…
High frequency trading is not evil, it is not a conspiracy and it really is not new; it is the natural evolution of the professional trading community making markets, providing liquidity and hopefully...