November 16, 2021
Federal Reserve Board issues enforcement actions with Industrial and Commercial Bank of China Ltd. and Industrial and Commercial Bank of China Ltd., New York Branch, and a former employee of Eagle Bancorp, Inc. and EagleBank
For release at 11:00 a.m. EST
The Federal Reserve Board on Tuesday announced the execution of the enforcement actions listed below:
Industrial and Commercial Bank of China Ltd., Beijing, People's Republic of China; Industrial and Commercial Bank of China Ltd., New York Branch, New York, New York
Written Agreement dated November 4, 2021
Consent prohibition order against Laurence E. Bensignor, dated November 8, 2021
Former employee of Eagle Bancorp, Inc., and EagleBank, Bethesda, Maryland
Unsafe and unsound banking practices
Additional enforcement actions can be searched for here.
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