November 13, 2008

Cease and desist order against Dresdner Bank

For immediate release

The Federal Reserve Board and the New York State Banking Department on Thursday announced the issuance of a consent Cease and Desist Order against Dresdner Bank AG, Frankfurt, Germany and the bank's branch in New York, New York.

The Order addresses Bank Secrecy Act and anti-money laundering compliance policies and practices at Dresdner Bank AG's New York branch.

A copy of the Order is attached.

Last Update: November 13, 2008