All Finance articles – Page 2
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News BriefFINRA fines Morgan Stanley $1M for alleged documentation failures
The Financial Industry Regulatory Authority fined broker-dealer Morgan Stanley $1 million over alleged documentation failures related to risk management controls and supervisory procedures involving violations of the Market Access Rule.
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Blog
Church Pension Group names legal chief
The Church Pension Group announced the appointment of Julian Chung as executive vice president, chief legal officer and corporate secretary.
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Bitfarms appoints US general counsel
Bitfarms, vertically integrated Bitcoin data center operations firm, announced that it has appointed Rachel Silverstein as US general counsel.
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PremiumUnderfunding of BSA/AML compliance made TD Bank an unwitting partner to cross-border crime
Law enforcement officials stumbled on TD Bank’s role in money laundering while investigating a Mexican drug cartel. They found that the bank’s corporate culture considered compliance, particularly BSA/AML compliance, a low priority. As they dug deeper, authorities discovered that multiple money laundering schemes had infiltrated the bank’s network.
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WebcastCPE Webcast: Compliant First AI: Risk Management Best Practices for Financial Institutions in 2025
Attend this Compliance Week webinar to synthesize the current ”state-of-play” for current and proposed rules for the ethical and responsible use of AI in financial services settings.
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News BriefMeta discloses potential CFPB lawsuit following probe into advertising, disclosure practices
Meta disclosed in a public filing that an investigation by the Consumer Financial Protection Bureau related to financial product advertising on platforms Instagram and WhatsApp may lead to a lawsuit.
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Blog
Philips & Cohen announces global GC
Phillips & Cohen Associates, deceased account care management and technology solutions provider, announced the appointment of Chris Lagow as its new global general counsel.
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PremiumAI & Compliance Summit: Regs discuss artificial intelligence guardrails for financial services
Artificial intelligence is an exciting, new technology and it is well-regulated by old laws and rules already on the books, financial regulators said at Compliance Week’s AI & Compliance Summit at Boston University.
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BayCom Corp names Lotus Hotels’ GC as director
BayCom Corp, the holding company for United Business Bank, announced that Lotus Hotels and Investments’ General Counsel and Chief Operating Officer Bhupen Amin was appointed as director of the company, effective Nov. 1.
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Citadel Credit Union announces risk chief
Citadel Credit Union announced the appointment of Chris Palumbo as chief risk officer.
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PremiumHow to adopt AI tools the right way at your company, from people who’ve tried
Companies are adopting artificial intelligence tools at a breakneck pace, but it’s increasingly clear that they set guardrails early. AI leaders say that approaching the technology with safety and ethics in mind will help ensure its upside benefits, while avoiding the significant risks it poses as well.
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First Horizon names general counsel
First Horizon Corporation announced the appointment of Lang Wiseman as deputy general counsel, effective Nov. 1. He will transition into the general counsel position on Jan. 1.
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LGT Wealth Management appoints first CSO
LGT Wealth Management has named Phoebe Stone as its chief sustainability officer (UK).
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Avanti Finance welcomes risk chief
Avanti Finance announced the appointment of Ben Anderson as its new chief risk officer.
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Premium Credit announces risk chief
Premium Credit announced the appointment of Rohit Ghai as its chief risk officer.
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PremiumNew CFPB data rights rule will modernize U.S. banking system, Chopra says
Banks, credit card companies and other financial mainstays will be required to comply with new data privacy and retail account portability regulations under a sweeping rule issued Tuesday by the Consumer Financial Protection Bureau.
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Home Run Financing promotes GC to COO
Home Run Financing announced that Ryan Griffin, who has served as its general counsel and chief compliance officer for over five years, has been appointed as their new chief operating officer.
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Genus Capital Management appoints sustainability chief
Genus Capital Management announced the appointment of Stephanie Tsui as the firm’s new chief sustainability officer.
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News BriefNYDFS expects banks, firms to cut risks posed by AI, according to new guidance
New York financial institutions are expected to address cybersecurity risks posed by artificial intelligence, and new guidance from the New York Department of Financial Services is aimed at helping firms do just that.
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PremiumPace of innovation will make EU AI Act hard to enforce, experts say
Concerns about how robustly European member states may enforce the EU AI Act, which took effect on Aug. 1, are divided between if regulators will take a “light touch” approach or a sledgehammer for noncompliance. One thing’s for sure, the pace of AI innovation will make enforcement very difficult.