A former general counsel of a California bank faces a $50,000 civil money penalty (CMP) and a prohibition from working in the banking industry, according to filings made by the regulator of national banks. The […]
Two individuals formerly associated with credit unions are prohibited from participating in the affairs of any federally insured financial institution under orders announced Friday by the federal credit union regulatory agency. The National Credit Union […]
Two former senior employees of a Wall Street giant were prohibited permanently from participating in the affairs of a bank Tuesday after participating in an alleged scheme to divert billions from a Malaysian sovereign wealth […]
A former employee of a Wilkes-Barre, Pa., credit union was in February prohibited from participating in the affairs of any federally insured financial institution, the federal credit union regulator said Thursday. The National Credit Union […]
Flood insurance violations at two banks led to civil money penalties (CMPs) totaling more than $20,000 between them, according to enforcement actions for December released Friday by the federal insurer of bank deposits. The report […]
Five former directors of a Montana bank were fined $2,000 each – and the bank’s former president and board chairman $10,000 — for failing to take actions to correct issues outlined under a previous consent […]
A former credit union employee who was sentenced to four months’ prison time and ordered to pay more than $460,000 in restitution has been prohibited from participating in the affairs of any federally insured financial […]
Three removal and prohibition orders – and five orders permitting five individuals to work at financial institutions again – were made public by the federal insurer of bank deposits in November, the agency said. The […]
A civil money penalty (CMP) of $20,000 and a removal and prohibition for a former Texas banker was one of nine enforcement and termination actions reported Friday for December by the federal regulator of national […]
Another “financial institution letter” about changes to policy for prohibitions and removals of individuals from engagement with a federally insured bank was issued Thursday by the Federal Deposit Insurance Corp. (FDIC), superseding a version of […]
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