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FINAL ENFORCEMENT ORDERS ISSUED BY THE BOARD OF GOVERNORS.


Korea Exchange Bank Seoul Seoul (sā`l, sā`l, sōl), city (1995 pop. 10,229,262), capital of South Korea, NW South Korea, on the Han River. It has special status equivalent to that of a province., Korea

The Federal Reserve Board announced on May 18, 2000, the issuance of a consent Order against the Korea Exchange Bank, Seoul, Korea, its Los Angeles Agency, and its Chicago, Broadway, New York, and Seattle Branches. The Order was issued jointly with the Federal Deposit Insurance Corporation, the California Department of Financial Institutions, the Illinois Office of Banks and Real Estate, the New York State Banking Department, and the Washington Department of Financial Institutions.
COPYRIGHT 2000 Board of Governors of the Federal Reserve System
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Federal Reserve Bulletin
Article Type:Brief Article
Geographic Code:9SOUT
Date:Jul 1, 2000
Words:78
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