Ex-Goldman Banker Jiampietro Banned for Life by the Fed
- Penalty stems from 2016 case involving regulatory documents
- Watchdog said Jiampietro had improperly used the information
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The Federal Reserve permanently banned a former Goldman Sachs Group Inc. managing director from the financial industry for improperly using and disclosing the regulator’s bank-supervision information.
Joseph Jiampietro agreed to the ban without admitting or denying the allegations, the central bank said in a statement. The information at issue includes bank-examination reports and other confidential documents.