‘Oversight issues’ during the NY’s Mortgage bank; this new product IDs ‘CDFI deserts’
Contained in this week’s banking reports roundup: The fresh Government Mortgage Bank of brand new York paid back their departing movie director from assortment and you will introduction $561,600 after an external feedback receive “supervision situations” one to led to a shake-up of your own bank’s human resources department; CDFI Friendly America launches an online mapping system to pay attention to growth potential across the country; international firm An effective&O Shearman increases its You.S. financial obligation finance cluster; and a lot more.
New york FHLB will pay $561,600 to leaving lead off assortment and you can addition
The new Federal Mortgage Financial of new York told you within the a submitting with the Bonds and you will Exchange Commission so it features paid $561,600 in order to Edwin Artuz, its master administrative officer, director out of diversity and introduction and you will elderly vice-president of one’s bank, whom averted operating in the bank towards July 1.
Jose Gonzalez, the new district’s president, told you when you look at the an interior memo so you’re able to team received from the American Banker one Artuz remaining the new section shortly after “supervision items” were uncovered from the an outward review.