Thursday, March 5, 2015

Exclusive: Commerzbank nears $1.4 billion-plus settlement with U.S. - sources

NEW YORK (Reuters) - Commerzbank AG is nearing an agreement to pay U.S. authorities more than $1.4 billion to settle alleged violations of U.S. sanctions and a separate probe that stemmed from transactions linked to an Olympus Corp accounting scandal, according to two people close to the case.

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