Board issues enforcement action with First Financial Holding Co. and First Commercial Bank

The following press release was published by the Board of Governors of the Federal Reserve System on March 31, 2011. It is reproduced in full below.

The Federal Reserve Board on Thursday announced the execution of the following enforcement action: First Financial Holding Co., Ltd. and First Commercial Bank, Ltd. (111 KB PDF), both of Taipei, Taiwan, and First Commercial Bank Los Angeles Branch, Los Angeles, California Written Agreement dated March 28, 2011 Search of Federal Reserve enforcement actions.

Source: Board of Governors of the Federal Reserve System