Federal Reserve Release, Press Release; image with eagle logo links to home page
Release Date: June 3, 1997


For immediate release

The Federal Reserve Board today announced the issuance of an Order of Prohibition against Donald G. Austin, a former employee and institution-affiliated party of The Bank of New York, New York.

Mr. Austin, without admitting to any allegations, consented to the issuance of the order due to his alleged making of unauthorized loans.

A copy of the order is attached.

Order (165 KB PDF)

1997 Enforcement actions


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Last update: October 30, 1997, 12:00 PM