NAB has set up a board committee led by independent director Anne Sherry to find a replacement CEO. Acting CEO and future chairman Mr Chronican this week confirmed the lender was moving closer to choosing a new chief. Mr Chronican on Tuesday said the search was going "well" but did not provide a timeframe.
Through a new partnership announced Tuesday, the firm will be offering cryptocurrency payments at merchants' point-of-sale (POS) terminals.
The CFTC announced Tuesday that participants can register for the office hours by emailing LabCFTC@cftc.gov (email subject line should say "NYC Office Hours")
Bloomberg's campaign published a financial reform plan Tuesday, advocating for greater consumer protection measures and a stronger financial system. Specifically, the proposal suggests requiring financial institutions to monitor risk exposure, recording all financial transactions in a centralized database, strengthening the Consumer Financial Protection Bureau and a number of other recommendations. The proposal also recommends creating a regulatory sandbox for startups and "providing a clear regulatory framework for cryptocurrencies."