Over his 20 years in finance Chris Arnade saw changes that would bring about the 2008 financial crisis, Tarp and the reign of megabanks.
The head of the commission’s enforcement unit, who has taken on the financial industry, is stepping down.
The continued focus on executive pay is not so much about dollar amounts but the lingering effects of the financial crisis.
Not long ago, Wall Street attracted many of the smartest people in America—brilliant economists and mathematicians, but also the nation’s most promising college graduates. Not anymore.
Four of the world’s largest investment banks are planning to outsource a collection of vital client data to a centralized library in an effort to combat rising compliance costs.