Promontory has stacked its deck with not just prominent members of the US regulatory system but international central bank executives as well.
In the wake of the financial crisis, the banks and hedge funds of Wall Street were hit with a slew of new regulations.
If a bank or a fund broke any of the new rules, disaster could result.
Just months after Deutche Bank failed the Fed and Treasury department’s “stress test” earlier this year, both of its co-CEOs were suddenly out of a job.
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