Capital One hires World Bank's Perlin as new CFO

Capital One has hired Gary Perlin as its Chief Financial Officer, reported American Banker in this morning's edition. Perlin takes over for Ralph Willey, who resigned earlier this year amid an insider trading investigation. Perlin was hired away from the World Bank, where he had worked for 13 years, acting as CFO and treasurer. Perlin will also act as executive vice president at Cap One and serve on its newly formed executive commitee, which is the final stipulation to which Cap One must adhere to for compliance with last year's MOU with federal regulators.