Press Release

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 Share 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 . For media inquiries, email [email protected] or call 202-452-2955. Attachment 1 (PDF) Attachment 2 (PDF)

Federal Reserve (2021, November 15). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20211116_federal_reserve_board_issues_enforcement_actions

@misc{wtfs_press_release_20211116_federal_reserve_board_issues_enforcement_actions,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2021},
  month = {Nov},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20211116_federal_reserve_board_issues_enforcement_actions},
  note = {Retrieved via When the Fed Speaks corpus}
}