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Lawsky Protege Albanese to Exit as New York’s Bank Regulator

Lawsky Protege Albanese to Exit as New York’s Bank Regulator

The acting head of New York’s Department of Financial Services will step down before the end of the year, giving New York Gov. Andrew Cuomo a run at reshaping a regulator that has levied billions of dollars of penalties against international banks and at times raised hackles in foreign capitals.

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