August 20, 2026

Federal Reserve Board issues enforcement action with SouthPoint Bancshares, Inc. and announces termination of enforcement action with Deutsche Bank AG, DB USA Corporation, and Deutsche Bank AG New York Branch

For release at 11:00 a.m. EDT

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.

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