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.
2026-08-20Federal Reserve Board
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.