Wednesday, July 22, 2015

FDIC FINES BANAMEX USA $140m FOR BSA/AML DEFICIENCIES; BANK TO CLOSE


Readers who are interested in reading the complete text of the Banamex USA Notice of Assessment of Civil Money Penalty, Findings of Fact and Conclusions of Law, Order to Pay Civil Money Penalty may access that document here*. Citigroup, the bank's owner has stated publicly that it will wind down banking operations, pursuant to an orderly liquidation plan.
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*Banamex USA Order

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