Square-Off: Are Financial Institutions Overregulated?
We ask this question because it matters, not just to banks but to the entire U.S. economy. We need a healthy banking system for the economy to thrive. But banks are in a bind. On the one hand, we have the "fintech" upstarts who are making inroads into consumer lending and wealth management, to name two areas. They are disrupting traditional business models. On the other hand, we have banking regulators, who, in the wake of the financial crisis, have really clamped down on banks. What has that ..
Harold P. Reichwald
- VMware Inc. is serving up a new CFO. Mike Everett joins the Palo Alto, Calif.-based server software developer from Netro Corp., where he was executive VP and CFO.
- Laurence P. Birch is the solution for Technology Solutions Co. He joins the Chicago-based E-business consulting and systems integration firm as CFO, succeeding Timothy P. Dimond, who is resigning. Birch was previously CFO of Brigade Inc. TSC said Dimond would be taking time off before deciding on his next move. Dimond made more than $405,000 last year and exercised $532 in options.
- That’s So Rad: Marc Verville will be making a magic kingdom of Marina Del Rey, Calif.-based Radical Communication. The former VP and CFO of Walt Disney Television International joins the communications platform builder as its new CFO.
- Well Equipped: Optical networking firm Equipe Communications Corp. named Marty Meyer as CFO, treasurer, and secretary. Meyer joins the Acton, Mass.-based startup from SightPath Inc., where he was VP and CFO.