Industrial And Commercial Bank Of China Written Agreement

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