Industrial And Commercial Bank Of China Federal Reserve

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
A 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.