Exception Tracking Spreadsheet (TicklerTrax™)
Downloaded by more than 1,000 bankers. Free Excel spreadsheet to help you track missing and expiring documents for credit and loans, deposits, trusts, and more. Visualize your exception data in interactive charts and graphs. Provided by bank technology vendor, AccuSystems. Download TicklerTrax for free.
Fed fines and bans former BNP Paribas banker
The Federal Reserve Board has issued a consent prohibition and civil money penalty order against Bhushan Bhangale, a former data management and data quality professional at BNP Paribas New York Branch, and a former institution-affiliated party of BNP Paribas USA, Inc., New York, New York, and of BNP Paribas RCC Inc., Jersey City, New Jersey.
The Board found that Bhangale received at least $100,000 in kickbacks in exchange for hiring contingent workers from certain information technology sourcing companies for work on projects at the bank, in violation of the bank's written policies.
The Board's order prohibits Bhangale from participating in any manner in the affairs of any insured depository institution or any bank holding company or subsidiary, and directs that he pay a civil money penalty of $100,000.