Cboe's Former CEO Ed Tilly Joins $2 Billion Fintech Clear Street [BNN Bloomberg (Canada)]
Goldman Sachs Group, Inc. (The) (GS)
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Tilly starts at Clear Street as president on July 21 to help build the financial technology firm's brokerage business in the US and abroad, reporting to Chief Executive Officer Chris Pento. The move is the next step for Tilly's career after he resigned in September from running the derivatives and securities exchange following an investigation that determined he didn't disclose personal relationships with colleagues. He'll be based in the firm's New York headquarters. The hire also adds to Clear Street's stable of high-profile talent as the provider of clearing and custody services seeks to expand into new asset classes and geographies. Last year, it poached Cantor Fitzgerald Chief Financial Officer Steve Bisgay to be its own finance chief. It named Goldman Sachs Group Inc. veteran Atul Pawar chief risk officer last month. “Ed brings a wealth of experience doing large transactions, product development, and global expansion,” Pento said in an interview. “We've had tremendous growt
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