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Fed Ends Deutsche Bank Order, Issues SouthPoint Action

The Federal Reserve Board announced on a Thursday that it has terminated a 2017 enforcement action against Deutsche Bank AG, DB USA Corporation and Deutsche Bank AG New York Branch, while separately entering into a written agreement with SouthPoint Bancshares, Inc..

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  • The Federal Reserve Board terminated its enforcement action against Deutsche Bank AG, DB USA Corporation and Deutsche Bank AG New York Branch effective August 13, 2026.
  • The original cease-and-desist order against those entities dated back to April 20, 2017.
  • The Federal Reserve Board separately issued an enforcement action against SouthPoint Bancshares, Inc..
  • SouthPoint Bancshares, Inc. entered into a written agreement with the Federal Reserve Board dated August 14, 2026.

Deutsche Bank Enforcement Action Terminated

The Federal Reserve Board announced on a Thursday that it has terminated the enforcement action against Deutsche Bank AG, DB USA Corporation, and Deutsche Bank AG New York Branch.

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Fed Ends Deutsche Bank Order, Issues SouthPoint Action

The termination took effect on August 13, 2026.

The underlying cease-and-desist order against the three entities had been issued on April 20, 2017.

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

DB USA Corporation is located in New York, New York.

Deutsche Bank AG New York Branch is also located in New York, New York.

New Enforcement Action Against SouthPoint Bancshares

Separately, the Federal Reserve Board issued an enforcement action against SouthPoint Bancshares, Inc..

SouthPoint Bancshares, Inc. entered into a written agreement with the Federal Reserve Board dated August 14, 2026.

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

Media Contact

Media inquiries regarding these actions may be directed to the Federal Reserve Board at 202-452-2955.

  • Deutsche Bank AG, DB USA Corporation, and Deutsche Bank AG New York Branch had their 2017 enforcement action terminated effective August 13, 2026.
  • The original cease-and-desist order was dated April 20, 2017.
  • SouthPoint Bancshares, Inc. of Birmingham, Alabama entered a written agreement with the Federal Reserve Board dated August 14, 2026.