Fed Terminates 2017 Deutsche Bank Enforcement Action

On Thursday, the central bank said it had wound down its case against Deutsche Bank AG, DB USA Corporation, and the institution's New York Branch.

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Fed Ends Deutsche Bank Order, Adds SouthPoint Agreement

The action being terminated stemmed from a cease-and-desist order dated April 20, 2017.

That order ceased to apply as of August 13, 2026.

Deutsche Bank AG is headquartered in Frankfurt am Main, Germany.

The DB USA Corporation subsidiary operates out of New York City.

The lender's New York Branch likewise calls the city home.

Highlights

  • Effective August 13, 2026, the order covering Deutsche Bank AG, its DB USA Corporation unit, and the bank's New York Branch was formally lifted.
  • The original cease-and-desist order against the Deutsche Bank entities was dated April 20, 2017.
  • A new enforcement matter was simultaneously opened involving SouthPoint Bancshares, Inc..
  • SouthPoint Bancshares, Inc. signed a written agreement with the central bank dated August 14, 2026.

New Enforcement Action Against SouthPoint Bancshares

In a separate move, regulators brought a fresh enforcement case involving SouthPoint Bancshares, Inc..

SouthPoint Bancshares, Inc. signed a written agreement with the central bank dated August 14, 2026.

SouthPoint Bancshares, Inc. is based in Birmingham, Alabama.

Media Contact

Reporters seeking comment can reach the central bank's press office at 202-452-2955.