Category Archives: Enforcement Actions

Federal Reserve Board announces it has fined Popular Bank $2.3 million for processing six Paycheck Protection Program (PPP) loans despite having detected that the loan applications contained significant indications of potential fraud

Federal Reserve Board issues enforcement actions with former employee of Regional Acceptance Corporation and former employee of Central Savings Bank

Federal Reserve Board announces termination of enforcement action with Industrial Bank of Korea and Industrial Bank of Korea New York Branch

Federal Reserve Board issues enforcement action with Deutsche Bank Trust Company Americas

Federal Reserve Board announces termination of enforcement action with Cecil Bancorp, Inc. and Cecil Bank

Federal Reserve Board announces termination of enforcement action with Agricultural Bank of China and Agricultural Bank of China, New York Branch

Federal Reserve Board announces it has prohibited five former bank employees from future employment in the banking industry for fraudulently obtaining loans and grants administered under the Coronavirus Aid, Relief, and Economic Security (CARES) Act

Federal Reserve Board issues enforcement action with Customers Bank

Federal Reserve Board announces termination of enforcement action with HSBC Holdings plc

Federal Reserve Board announces it has fined EagleBank $9.5 million for violation of the Board's insider lending regulation and has permanently barred its former CEO and chairman from the banking industry