• 11/29/2024

ICBC Fined $32 Million by New York’s Financial Regulator and Fed for Compliance Failures

Wall Street Journal

Industrial & Commercial Bank of China will pay about $32 million to resolve investigations into alleged compliance problems at the bank’s New York branch.

https://www.wsj.com/articles/icbc-fined-32-million-by-new-yorks-financial-regulator-and-fed-for-compliance-failures-dea64036