Gibraltar Private reported Wednesday that the U.S. Office of the Comptroller of the Currency lifted its consent order issued in 2014.
The Coral Gables-based bank, formerly Gibraltar Private Bank & Trust Co., was fined $4 million last year by federal regulators for willfully violating federal anti-money laundering laws as part of disbarred attorney Scott Rothstein’s $1.2 billion Ponzi scheme. The bank previously settled several Rothstein-related lawsuits.
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