You are here

Fed mulls further curbs on officials crossing over to Wall St

Currently, restriction applies only for one year to top two staff assigned to a bank
Wednesday, April 22, 2015 - 05:50
BT_20150422_FED22_1629345.jpg
Any change will have the biggest impact on the Federal Reserve Bank of New York, which oversees Wall Street firms.

Washington

THE Federal Reserve, criticised by lawmakers for being too cosy with Wall Street, is considering tougher measures to restrict bank examiners from leaving to take jobs at firms they have overseen.

Currently, the two most senior employees assigned to a bank are barred from

Powered by GET.comGetCom