- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Deutsche Bank announced Karen Kuder has been appointed general counsel and global head of its legal department. The move comes roughly a week after the bank mutually parted ways with former General Counsel Florian Drinhausen.
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Deutsche Bank announced a series of changes to its management board, including the upcoming departure of Chief Risk Officer Stuart Lewis and transition of compliance responsibilities to Chief Administrative Officer Stefan Simon.
The U.S. Supreme Court extended the statute of limitations for businesses attempting to challenge some federal regulations, allowing regulated entities a longer timeline to appeal a decision.
Crypto-friendly Silvergate Bank will pay a total of $63 million penalties to California and the Federal Reserve Board to settle charges that its anti-money laundering program failed to properly monitor more than $1 trillion worth of customer transactions.
