First Union Corp. has raided the Office of the Comptroller of the Currency to fill a key post in its retail brokerage subsidiary.
C. Rachel Romyn, who was an OCC policy specialist, joined the Charlotte, N.C.-based banking company as director of brokerage services compliance in late March, a First Union spokeswoman said.
In her new post, Ms. Romyn heads a 24-person staff and is responsible for regulatory compliance for all retail investment sales in branches throughout 13 states - stretching from Florida to Connecticut - and the District of Columbia.
Ms. Romyn succeeds James Angelos, who resigned to start his own consulting firm, the spokeswoman said. She reports to Vic Albrecht, director of compliance for First Union's Capital Management Group.