Banking Consultant Promontory to Face U.S. Senate Panel

hurley11-150x150Bloomberg
Cornelius Hurley, School of Law, Center for Finance, Law & Policy

In little more than a decade, Promontory Financial Group LLC has evolved into a new kind of Washington player tapped by banks including Morgan Stanley (MS) and Citigroup Inc. to resolve regulatory disputes behind the scenes…

Expert quote:

“If you’ve fallen afoul of the regulators, failed your stress test for example, then they would be on the top of the list for who to call.”

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