Brief: Metropolitan Commercial Bank Announces Settlements With Federal Reserve And New York State Department Of Financial Services

Metropolitan Bank Holding

19/10/2023 21:12

Oct 19 (Reuters) - Metropolitan Bank Holding Corp
 MCB.N :
    * METROPOLITAN COMMERCIAL BANK ANNOUNCES SETTLEMENTS WITH
FEDERAL
RESERVE AND NEW YORK STATE DEPARTMENT OF FINANCIAL SERVICES
    * METROPOLITAN BANK HOLDING CORP: BANK HAS ENTERED INTO
CONSENT
ORDERS WITH BOARD OF GOVERNORS OF FEDERAL RESERVE SYSTEM AND NEW
YORK STATE DFS
    * METROPOLITAN BANK HOLDING CORP: CONSENT ORDERS RELATE TO A
UNIQUE CHALLENGE THAT AROSE FOR A SHORT PERIOD AT HEIGHT OF
COVID-19 PANDEMIC
    * METROPOLITAN BANK HOLDING CORP: IMPOSED FINES ARE COVERED
BY A
PROVISION TAKEN IN PRIOR PERIODS

Source text for Eikon:  ID:nBw3K09fBa 
Further company coverage:  MCB.N 

 ((Reuters.Briefs@thomsonreuters.com;))