press releases · October 9, 2019

Press Release

October 10, 2019 Federal Reserve Board announces it is seeking to permanently bar former branch manager and vice president of Pacific Premier Bank from employment in banking industry For release at 11:00 a.m. EDT Share The Federal Reserve Board on Thursday announced that it is seeking to permanently bar Mai Ly-Vu, a former branch manager and vice president of Pacific Premier Bank, Irvine, California, from employment in the banking industry and to require her payment of $18,700 in restitution to the bank. Ly-Vu is alleged to have engaged in unsafe or unsound banking practices and breach of fiduciary duty by failing to disclose her personal financial interests in extensions of credit by the bank to companies owned by her husband and other members of her immediate family. For media inquiries, call 202-452-2955 Attachment (PDF) Related Content Board Votes
Cite this document
APA
Federal Reserve (2019, October 9). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20191010_federal_reserve_board_announces_it_is_seeking_to
BibTeX
@misc{wtfs_press_release_20191010_federal_reserve_board_announces_it_is_seeking_to,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2019},
  month = {Oct},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20191010_federal_reserve_board_announces_it_is_seeking_to},
  note = {Retrieved via When the Fed Speaks corpus}
}