Evolve Bank & Trust's chief risk officer, Peter Moenickheim, who joined the bank in Jan 2024, has left that role. Sources tell me he was "let go" from the CRO position.
Another Synapse bit: sources involved in the bankruptcy suggested regulators, specifically the FDIC, may have pressured McWilliams to avoid taking actions, such as pursuing the $43m in reserve funds, that could have increased the likelihood of any of the banks involved failing.