The Federal Reserve Board has announced the termination of several enforcement actions involving major financial institutions. The actions, which included written agreements and cease and desist orders, were ended in early December 2025.
According to the announcement, a written agreement with Credit Suisse Group AG, Credit Suisse AG, Credit Suisse Holdings (USA), Inc., and Credit Suisse AG’s New York Branch—originally dated December 22, 2020—was terminated on December 2, 2025. Additionally, a cease and desist order against Credit Suisse Group AG from May 19, 2014 was terminated on December 4, 2025.
JPMorgan Chase & Co. also saw the end of a cease and desist order that had been in place since March 8, 2024. This action was likewise terminated on December 4, 2025.
The Federal Reserve Board stated: “The Federal Reserve Board on Thursday announced the termination of the enforcement actions listed below:
Credit Suisse Group AG, Zurich, Switzerland, Credit Suisse AG, Zurich, Switzerland, Credit Suisse Holdings (USA), Inc., New York, New York, Credit Suisse AG, New York Branch, New York, New York
Written Agreement dated December 22, 2020 (PDF)
Terminated December 2, 2025
Credit Suisse Group AG, Zurich, Switzerland
Cease and Desist Order dated May 19, 2014 (PDF)
Terminated December 4, 2025
JPMorgan Chase & Co., New York, New York
Cease and Desist Order dated March 8, 2024 (PDF)
Terminated December 4, 2025″
Additional information about past enforcement actions is available through the Federal Reserve’s searchable database.