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.