Federal Reserve Board ends enforcement actions against Credit Suisse entities and JPMorgan Chase

Jerome H. Powell, Chair - Board Of Governors Of The Federal Reserve System
Jerome H. Powell, Chair - Board Of Governors Of The Federal Reserve System
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The Federal Reserve Board has announced the termination of several enforcement actions involving major financial institutions. According to a statement released Thursday, the Board ended actions against Credit Suisse Group AG and its related entities, as well as JPMorgan Chase & Co.

For Credit Suisse Group AG and its affiliates, including Credit Suisse AG and Credit Suisse Holdings (USA), Inc., a written agreement from December 22, 2020 was terminated on December 2, 2025. In addition, a cease and desist order issued to Credit Suisse Group AG on May 19, 2014 was also terminated as of December 4, 2025.

JPMorgan Chase & Co. had a cease and desist order dated March 8, 2024. This order was terminated by the Federal Reserve Board on December 4, 2025.

“Credit Suisse Group AG, Zurich, Switzerland, Credit Suisse AG, Zurich, Switzerland, Credit Suisse Holdings (USA), Inc., New York, New York, Credit Suisse AG, New York Branch, New York, New York Written Agreement dated December 22, 2020 (PDF) Terminated December 2, 2025

Credit Suisse Group AG, Zurich, Switzerland Cease and Desist Order dated May 19, 2014 (PDF) Terminated December 4, 2025

JPMorgan Chase & Co., New York, New York Cease and Desist Order dated March 8, 2024 (PDF) Terminated December 4, 2025″ according to the Federal Reserve Board’s announcement.

The Federal Reserve maintains a searchable database for additional enforcement actions at https://www.federalreserve.gov/apps/enforcementactions/default.aspx.



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