- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Truist Financial Corporation announced that Brad Bender will be its new chief risk officer.
Bender will report to Truist Chairman and CEO Bill Rogers.
He most recently served as interim chief information officer. Prior to that, he served as head of enterprise operational services, where he led centralized operations for Truist.
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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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