Fed bars three former bank and card-company employees

The Federal Reserve on Sept. 18 barred three former financial-industry employees from banking under consent orders: a former Northstar Bank employee in Bad Axe, Mich., for misappropriating customer funds; a former American Express Travel Related Services employee in New York, for misapplication of funds and conflicts of interest; and a former Regions Bank employee in Birmingham, Ala., for check fraud. Each is barred from working at insured institutions without regulators' approval. Banking regulators routinely issue such bans after misconduct tied to a bank.

The wall: individual orders unread

Tier: Confirmed (names omitted (minimize harm))

Sources

• federalreserve.gov/newsevents/pressreleases/enforcement20260918a.htm

economy, business and finance crime, law and justice federal

This newsfeed was produced and brought to you by Temporal Data Dynamics Technology. For more information, visit temporaldatadynamics.com.