trending Market Intelligence /marketintelligence/en/news-insights/trending/9Le_bhE18p---DRlle64hw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Fed lifts enforcement actions against JPMorgan, Spirit BankCorp, U.S. Bancorp

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive

Talking Bank Stocks, Playing The M&A Trade With Longtime Investor

Report: Kashkari Says Fed In Holding Pattern But Rate Cut Still Possible


Fed lifts enforcement actions against JPMorgan, Spirit BankCorp, U.S. Bancorp

The Federal Reserve Board terminated enforcement actions against JPMorgan Chase & Co., Spirit BankCorp Inc. and U.S. Bancorp on Dec. 5.

The enforcement action on JPMorgan, issued in January 2013, required that the bank enhance Bank Secrecy Act and anti-money laundering program compliance at its subsidiaries.

In August 2012, Bristow, Okla.-based Spirit BankCorp entered into a formal written agreement with the Federal Reserve Bank of Kansas City under which the company was required to submit an acceptable written plan to maintain sufficient capital at the company on a consolidated basis.

In February 2018, U.S. Bancorp was issued a cease and desist order by the Fed, related to alleged lack of adequate risk management and compliance policies and procedures to ensure that activities conducted at US Bank NA complied with Bank Secrecy Act and anti-money-laundering requirements.