Reuters: Fed takes enforcement action against Customers Bancorp
2024-08-08 16:44:25
Odaily News The U.S. Federal Reserve announced that it has taken enforcement action against Customers Bancorp Inc, alleging that the bank had "significant deficiencies" in its risk management and anti-money laundering practices. The Fed said the enforcement action against the Pennsylvania-based bank, which provides digital asset services and a tokenized instant payment platform, stemmed from a recent Fed inspection. A spokesperson did not immediately respond to a request for comment. (Reuters)
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