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Federal Reserve issues enforcement action against former Banco Popular employee

Reported · Written up by our desk · Central Banks

The Federal Reserve Board announced enforcement action involving a former employee of Banco Popular de Puerto Rico.

The release notes the enforcement actions were executed and provides that the announcement came out Thursday at 11:00 a.m. EDT, according to the Federal Reserve.

The available material does not include further details on the basis for the action or any specific penalties.

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Sources

Federal ReserveFederal Reserve Board issues enforcement action with former employee of Banco Popular de Puerto Rico

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