Federal Reserve Board issues enforcement action with former employee of Commerce Bank and announces termination of enforcement actions with Société Générale S.A. and Industrial and Commercial Bank of China Ltd.

AI Summary

- Federal Reserve Board issues enforcement action against a former employee of Commerce Bank. - Enforcement actions with Société Générale S.A. and Industrial and Commercial Bank of China Ltd. are terminated.

Texas Relevance

The article does not mention Texas, TCUD, or any Texas-specific entities. It is focused on actions taken by the Federal Reserve Board with banks outside of Texas.

Original Content

Federal Reserve Board issues enforcement action with former employee of Commerce Bank and announces termination of enforcement actions with Société Générale S.A. and Industrial and Commercial Bank of China Ltd.