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Ex-Hank Paulson, Tim Geithner Protégé To Keep BNP Out Of (More) Trouble

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The former chief counsel of the U.S. Treasury Office of Foreign Control Assets is leaving his lucrative white-shoe law-firm job for the (presumably even more lucrative) job leading BNP’s shiny new U.S.-based compliance operation.

Sean Thornton, a former chief counsel at Treasury's Office of Foreign Assets Control, will become legal counsel for Paribas' U.S. sanctions compliance group, one of the people said. He will head the Group Financial Security U.S. legal team….

Thornton's hiring symbolizes the bank's commitment to beefing up compliance personnel and operations, one source said on Thursday.

BNP Paribas hires ex-U.S. Treasury official for compliance job [Reuters]