Actions of the Board, Its Staff, and the Federal Reserve Banks; Applications and Reports Received
Board Actions PDF
Actions taken during the week ending November 15, 2025
Banks, Foreign
ID Bank CJCS, Yerevan, Armenia -- to establish a representative office in Glendale, California.
Announced: November 12, 2025
Enforcement
Commerce Bank, Kansas City, Missouri -- consent order of prohibition against Nicholas Sheeley, a former institution-affiliated party.
Announced: November 13, 2025
Industrial and Commercial Bank of China Ltd., Beijing, People's Republic of China, and Industrial and Commercial Bank of China Ltd., New York Branch, New York, New York -- cease-and-desist order dated March 12, 2018, terminated November 5, 2025.
Announced: November 13, 2025
Societe Generale S.A., Paris, France -- cease-and-desist order dated November 19, 2018, terminated November 5, 2025.
Announced: November 13, 2025
Regulations and Policies
Credit Cards -- report to Congress on the Profitability of Credit Card Operations of Depository Institutions.*
Approved: November 7, 2025
*Addition