| For immediate release |
|
The Federal Reserve Board today announced the issuance of an Order of Assessment of a Civil Money Penalty against Kassahum Kebede, a former employee and institution-affiliated party of the Bankers Trust Company, New York, New York, a state member bank.
Mr. Kebede, without admitting to any allegations, consented to the issuance of the Order in connection with his involvement in the recording of leveraged derivative transactions on the books and records of the Bankers Trust Company. Mr. Kebede paid a fine of $15,000. A copy of the Order is attached.
|
| Order (175 KB PDF) |