FINAL ENFORCEMENT ORDERS ISSUED BY THE BOARD OF GOVERNORS.Hogi Patrick Hyun Former Employee of BT Singapore The Federal Reserve Board Federal Reserve Board (FRB) The seven-member governing body of the Federal Reserve System, which is responsible for setting reserve requirements, and the discount rate, and making other key economic decisions. announced on February 25, 1999, the issuance of a combined Order to Cease and Desist and of Assessment of a Civil Money Penalty against Hogi Patrick Hyun, a former employee of BT Singapore, a wholly owned nonbank subsidiary of Bankers Trust New York Corporation, New York, New York. Daniel K. Walker Long Beach Long Beach. 1 City (1990 pop. 429,433), Los Angeles co., S Calif., on San Pedro Bay; est. 1882 as Willmore City, inc. 1888 as Long Beach. Having an excellent harbor, it serves as one of Los Angeles's two ports—it is one of the world's largest container ports—and a year-round resort noted for its long, wide beaches and active marina. The city also has a large oil industry; oil (discovered in 1921) is found both underground and offshore., California The Federal Reserve Board announced on February 25, 1999, the issuance of a Consent Order against Daniel K. Walker, senior vice-president, a director, and an institution-affiliated party of the Farmers and Merchants Bank of Long Beach, Long Beach, California, a state member bank Member bank A national- or state-chartered bank that is a member of the Federal Reserve System.. Kenneth G. Walker Long Beach, California The Federal Reserve Board announced on February 25, 1999, the issuance of a Consent Order against Kenneth G. Walker, president, chairman of the board of directors, chief executive officer, and institution-affiliated party of the Farmers and Merchants Bank of Long Beach, Long Beach, California, a state member bank. Zia New Mexico New Mexico, state in the SW United States. At its northwestern corner are the so-called Four Corners, where Colorado, New Mexico, Arizona, and Utah meet at right angles; New Mexico is also bordered by Oklahoma (NE), Texas (E, S), and Mexico (S). Facts and FiguresArea, 121,666 sq mi (315,115 sq km). Pop. (2000) 1,819,046, a 20.1% increase since the 1990 census. Capital, Santa Fe. Largest city, Albuquerque. Bank Tucumcari, New Mexico The Federal Reserve Board announced on February 11, 1999, the issuance of a Prompt Corrective Action Directive against the Zia New Mexico Bank, Tucumcari, New Mexico. |
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