- Associate Managing Director at Exiger
- Director in Kroll's Global Financial Investigations practice
- Forensic Senior Associate at Deloitte
Daniel Banes is the Managing Director and APAC Regional Leader based in Exiger’s Hong Kong office, where he focuses on the firm’s financial investigations operations.
Since joining Exiger in early 2014, Dan has worked extensively on the independent Monitorship of HSBC, reporting to the Department of Justice and Financial Conduct Authority. Dan has investigated and assessed anti-money laundering (AML) and sanctions programs and led financial institution investigations, managing teams of investigators and compliance professionals across five continents. His expertise includes forensic accounting investigations, corporate investigations, fraud investigations, asset tracing, and financial crime investigations with a focus on data analytics.
Dan joined Exiger from Kroll’s Global Financial Investigations practice where he jointly led the New York Financial Investigations team. In this role, he led financial crime investigations and supported companies in litigation through expert witness reporting and asset tracing, identified fraudulent activity including expense fraud, payroll fraud, royalty fraud, and petty cash fraud, assessed risk related to fund investments, and reviewed control environments. The majority of his work was concentrated in the financial services industry with the remainder spread across several commercial industries.
Prior to Kroll, Dan spent over five years with Deloitte, LLP, first as an Auditor, then a Forensics Senior Associate specializing in the financial industry in both roles. He aided Fortune 500 companies in litigation, FCPA investigations, purchase disputes, control assessments, and corporate investigations, which included the investigation of one of the largest banking bankruptcies in United States history. He led the planning and execution of these investigations with the majority of his clients positioned in the financial services sector including hedge funds, asset managers, and banks. Dan also presented findings of one hedge fund investigation to the Securities and Exchange Commission.
- Binghamton University, B.S.
- Certified Public Accountant (CPA)
- Member of The American Institute of CPAs