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FDIC Enforcement Decisions and Orders

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{{9-30-96 p.TC-349}}
   [16,105] Docket No. FDIC-92-179c&b (6-26-96)

In the Matter of
HABIB BANK AG ZURICH
ZURICH, SWITZERLAND
(FOREIGN BANK)
and
HABIB BANK AG ZURICH
ZURICH, SWITZERLAND
LOS ANGELES, CALIFORNIA
BRANCH

(STATE LICENSED INSURED
BRANCH OF A FOREIGN BANK)

   IT IS HEREBY ORDERED, that the ORDER TO CEASE AND DESIST issued against Habib Bank AG Zurich, Switzerland (Foreign Bank) and Habib Bank AG Zurich, Switzerland, Los Angeles, California Branch, pursuant to section 8(b) of the Federal Deposit Insurance Act, 12 U.S.C. § 1818(b), on July 7, 1992, be, and hereby is, terminated.
   Pursuant to delegated authority.
   Dated at San Francisco, California, this 26th day of June, 1996.

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