
The Federal Reserve Board announced a $58 million penalty and consent cease and desist order against Deutsche Bank AG, of Frankfurt, Germany, related to violations of U.S. Sanctions. The order required Deutsche Bank to implement an enhanced program to ensure global compliance with U.S. Sanctions administered by the U.S. Department of Treasury's Office of Foreign Assets Control. For more info visit http://www.federalreserve.gov/newsevents/press/enforcement/20151104a.htm