- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
The Guardians of New Zealand Superannuation, manager of the $76.6 billion NZ Super Fund, promoted Head of Risk Michael Mitchell to chief risk officer.
Mitchell was previously the Guardians’ head of risk and has been acting chief risk officer since earlier this year.
He joined the Guardians in 2005 and began his career with the Reserve Bank of New Zealand before taking roles with Morgan Stanley, Westpac Investment Management, and ABN Amro.
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A bank examiner and senior manager at the Federal Reserve Bank of Richmond pled guilty to insider trading after allegedly misappropriating confidential information on seven banks to make profitable trades.
President-elect Donald Trump announced he plans to appoint Cantor Fitzgerald President and CEO Howard Lutnick to lead the U.S. Commerce Department, as the incoming administration is expected to charge import tariffs against friends and foes.
New York-based investment firm Drexel Hamilton will pay more than $1.1 million in penalties, with four current and former employees paying fines as well over committing hundreds of violations of rules regarding the sale of municipal bonds.
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