# Deutsche Bank AG, Frankfurt, Germany; Deutsche Bank AG New York Branch, New York, New York; DB USA Corporation, New York, New York; Deutsche Bank Trust Company Americas, New York, New York; DWS USA Corporation, New York, New York — Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated

For Deutsche Bank AG, Frankfurt, Germany; Deutsche Bank AG New York Branch, New York, New York; DB USA Corporation, New York, New York; Deutsche Bank Trust Company Americas, New York, New York; DWS USA Corporation, New York, New York, action is Cease and Desist, Civil Money Penalty; effective date is 2023-07-13; board document is /newsevents/pressreleases/enforcement20230719a.htm; document type is Press Release, verified against its source on 2026-08-11.

- **Banking organisation:** Deutsche Bank AG, Frankfurt, Germany; Deutsche Bank AG New York Branch, New York, New York; DB USA Corporation, New York, New York; Deutsche Bank Trust Company Americas, New York, New York; DWS USA Corporation, New York, New York _(verified: appears in the quote below)_
- **Action:** Cease and Desist, Civil Money Penalty _(verified: appears in the quote below)_
- **Effective date:** 2023-07-13 _(verified: appears in the quote below)_
- **Board document:** /newsevents/pressreleases/enforcement20230719a.htm _(verified: appears in the quote below)_
- **Document type:** Press Release _(verified: appears in the quote below)_

## What the source says

> 2023-07-13,,,,"Deutsche Bank AG, Frankfurt, Germany; Deutsche Bank AG New York Branch, New York, New York; DB USA Corporation, New York, New York; Deutsche Bank Trust Company Americas, New York, New York; DWS USA Corporation, New York, New York","Cease and Desist, Civil Money Penalty",/newsevents/pressreleases/enforcement20230719a.htm,Press Release,

## Source

- https://www.federalreserve.gov/supervisionreg/files/enforcementactions.csv

Last verified: 2026-08-11. Review by: 2026-09-01.
Part of [Federal Reserve enforcement actions against banks and holding companies: action type, effective date and whether it has been terminated](https://referencesource.org/bank-enforcement-actions/).