| For immediate release |
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The Federal Reserve Board today announced the execution of a Written Agreement by and between the Federal Reserve Bank of New York and John Widmer, a former officer and institution-affiliated party of the New York branch of Swiss Bank Corporation, New York. Mr. Widmer, without admitting to any allegations, consented to the issuance of the written agreement to address his alleged inadequate supervision of the foreign exchange trading of the New York branch of Swiss Bank Corporation. A copy of the written agreement is attached. |
| Written agreement (158 KB PDF) |