Fed settles with ex-Bankers Trust exec

US - The U.S. Federal Reserve said yesterday, 2 July, it had settled charges brought against a former Bankers Trust executive in connection with accounting violations at the bank during the mid-1990s.

Without admitting any wrongdoing, Harvey Plante, a former vice president in the bank's Client Processing Services unit, agreed to notify the New York Fed before accepting any job in the banking industry for the next two years and to not seek any position involving the maintenance of custodial acc

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