Fed Names New Banking Oversight Chief

Law360, New York (November 30, 2011, 2:54 PM EST) -- The Federal Reserve on Wednesday named Michael S. Gibson, who's been at the agency for nearly two decades, to take over the division that oversees banking regulations, which has seen its mandate grow since the passage of last year's massive financial regulatory reform.

Gibson is slated to take over as director of the Fed's Division of Banking Supervision and Regulation on Jan. 1. The division is charged with the supervision of state member banks; bank, financial, and savings and loan holding companies and their subsidiaries; and...
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