Fed Acts on SouthPoint, Ends Deutsche Bank Enforcement

Federal Reserve

The Federal Reserve Board on Thursday announced the execution of the following enforcement action listed below:

SouthPoint Bancshares, Inc., Birmingham, Alabama

Written Agreement dated August 14, 2026

The Federal Reserve Board also announced the termination of the enforcement action listed below:

Deutsche Bank AG, Frankfurt am Main, Germany, DB USA Corporation, New York, New York, and Deutsche Bank AG New York Branch, New York, New York

Cease and Desist Order dated April 20, 2017 (PDF)

Terminated August 13, 2026

Additional enforcement actions can be searched for here.

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.