First Squawk(@FirstSquawk):THE FED HAS ISSUED A MONEY-LAUNDERING ENFORCEMENT ACTION AGAINST AMERICAN EXPRESS, WHILE THE OCC HAS ASSESSED A $350 MLN CIVIL PENALTY AGAINST ITS BANK, SAYING AMERICAN EXPRESS NATIONAL BANK FAILED TO MAINTAIN A BANK SECRECY ACT AND ANTI-MONEY-LAUNDERING COMPLIANCE PROGRAMME. THE OCC SAYS THE BANK MISSED ABOUT $13 BLN IN SUSPICIOUS ACTIVITY AND HAS ISSUED A CEASE-AND-DESIST ORDER

First Squawk

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가입 July 2015

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First Squawk@FirstSquawk

2026.10.08 20:42

THE FED HAS ISSUED A MONEY-LAUNDERING ENFORCEMENT ACTION AGAINST AMERICAN EXPRESS, WHILE THE OCC HAS ASSESSED A $350 MLN CIVIL PENALTY AGAINST ITS BANK, SAYING AMERICAN EXPRESS NATIONAL BANK FAILED TO MAINTAIN A BANK SECRECY ACT AND ANTI-MONEY-LAUNDERING COMPLIANCE PROGRAMME. THE OCC SAYS THE BANK MISSED ABOUT $13 BLN IN SUSPICIOUS ACTIVITY AND HAS ISSUED A CEASE-AND-DESIST ORDER