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New York banks have been worried that Mayor Bill de Blasio's plans for affordable housing would hurt multifamily lending. But two recent city political decisions have been favorable for banks, and some CEOs say they're hopeful now.
July 9 -
A federal judge has dismissed an attempt by the New York Bankers Association to block a New York City law requiring an evaluation of community investments made by banks holding the city's deposits.
September 9 -
M&F Bank in Durham, N.C., has named James H. Sills III as its president and chief executive.
August 12
New York City Mayor Bill de Blasio
Tantoco most recently served as head of frontline technology for the Asia-Pacific region at UBS. She has also worked at Bank of America Merrill Lynch, where she was responsible for redesigning the company's investment banking data warehouse.
In her new role, she will oversee the mayor's Office of Technology and Innovation. Her responsibilities will include coordinating information-technology initiatives across city agencies and working with local startups.
Mayor de Blasio praised Tantoco as an "experienced technologist with vision and technical expertise."