The Federal Reserve Board executed a written agreement with SouthPoint Bancshares Inc. of Birmingham, Alabama, dated Aug. 14, 2026. It also terminated, effective Aug. 13, 2026, a cease-and-desist order issued in April 2017 against Deutsche Bank AG, DB USA Corporation and Deutsche Bank AG New York Branch.
Federal Reserve Board executes SouthPoint written agreement, terminates 2017 Deutsche Bank enforcement action
The Federal Reserve Board executed a written agreement with SouthPoint Bancshares. It also terminated a 2017 cease-and-desist order against Deutsche Bank AG and two U.S. entities.