Christopher D. Armstrong

Executive Vice President, Wholesale Product manager and head of the Financial Services Group

Christopher D. Armstrong is executive vice president, Wholesale Product manager and head of the Financial Services Group at the Federal Reserve Bank of New York. He is also on the Bank’s executive Ccmmittee. In this role, Armstrong oversees the Wholesale Product Office, which is responsible for managing the Fedwire Funds, Fedwire Securities and the National Settlement Services on behalf of the Federal Reserve System and the cash and custody function, which includes cash operations and global currency cervices for the Fed’s Second District.

Business continuity

Banks can ill afford to get complacent about coronavirus

Business continuity plans should be used constantly, not just when the crisis is at its peak, says the New York Fed’s head of financial services.

By Christopher D. Armstrong

June 24