Who is Ben Lawsky and how does he have the power to push around BNP Paribas, France's largest bank? Lawsky is the first Superintendent of Financial Services for New York. In that position, he is the supervisor of the "majority of United States-based branches and agencies of foreign banking institutions." He also has jurisdiction over all New York state-chartered depistory insitutions. In short, he has a big stick.
Ben Lawsky v. BNP Paribas
Ben Lawsky v. BNP Paribas
Ben Lawsky v. BNP Paribas
Who is Ben Lawsky and how does he have the power to push around BNP Paribas, France's largest bank? Lawsky is the first Superintendent of Financial Services for New York. In that position, he is the supervisor of the "majority of United States-based branches and agencies of foreign banking institutions." He also has jurisdiction over all New York state-chartered depistory insitutions. In short, he has a big stick.