- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
Teza Capital Management, a quantitative asset management firm, has named Reinhold Gebert as chief risk officer, as well as chief operating officer.
Gebert most recently held the same positions at Gresham Investment Management, an $8 billion commodities hedge fund, from 2012 to July 2017. While there, he created their dedicated risk management group, initiated their expansion into systematic trading strategies, and re-engineered their middle and back office.
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The Treasury Department’s Office of the Comptroller of the Currency cited three banks for unsafe and unsound business practices that mirror issues similar to what spurred last year’s banking crisis, including risks posed to bank investments by higher interest rates and liquidity concerns in the event of a bank’s failure.
The Department of Justice’s Antitrust Division, the Federal Trade Commission, and the Department of Health and Human Services partnered to create an online portal for the public to report instances of anticompetitive practices in the healthcare sector.
The Treasury Department announced new sanctions against Iran, with Treasury Secretary Janet Yellen promising “further actions in the days and weeks ahead” following the Middle East nation’s attack on Israel.
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