News list for " United Texas"

The Federal Reserve is scheduled to issue a cease-and-desist order to United Bank of Texas on September 4, citing serious weaknesses in the bank's risk management system in its crypto client business. The decision is based on a review conducted in May that revealed problems with the bank's corporate governance structure, board and senior management oversight, foreign correspondent banking, and virtual currency Client Server.

2024-09-05 11:22:29