The Federal Reserve Board has announced enforcement actions against two former bank employees. Alohi Kaupu-Grace, a former employee of Bank of Hawaii in Honolulu, Hawaii, is subject to a consent prohibition order for embezzling bank funds and falsifying bank records. Diamond Stinson, formerly with Ally Bank in Sandy, Utah, faces a similar order for misappropriating customer data.
In addition to these actions, the Board has terminated enforcement actions involving several banks. The cease and desist order issued on April 15, 2019, against UniCredit S.p.A., Milan, Italy; UniCredit Bank AG, Munich, Germany; and UniCredit Bank Austria AG, Vienna, Austria was terminated on June 5, 2025. Similarly, the written agreement dated July 16, 2015, with China Construction Bank Corporation in Beijing and its New York branch was terminated on June 19, 2025.
Further details on additional enforcement actions are available through official channels.
