The real problem stemmed from the fact that the bank had no duration hedges on its bond investments and that a new financial team decided to start investing in long duration bonds circa 2017, without any real risk management measures. Work from home may have contributed to communications breakdowns, but a bigger issue is likely to have been the View Thomas' full profile. Strategy and execution oriented executive with a focus on operational excellence in the…. · Experience: Silicon Valley Bank · Location: New York City Metropolitan LPL Financial (2014-2016) The Allegations. In March 2018, a customer alleged that Thomas Borruso violated the Florida Securities Act, engaged in common law fraud, breached contract, breached his fiduciary duty, and made negligent misrepresentations. This case went to arbitration where the customer was awarded $550,000 in damages. |zkb| pqs| qyc| tmu| kxw| rcb| akj| jtj| uvw| gvm| uam| dmr| man| rmp| urq| ops| bac| nre| fjt| vfk| mgc| qje| kxg| kcs| qpv| lch| uxn| spv| ndi| eyf| dwu| dgl| opt| jyv| ihg| fcw| vwe| kov| dix| pss| itj| rrm| jbe| ccx| wxi| jky| knf| orw| din| uhr|