Germany's Commerzbank Is The Next Bank To Be Hit By US Fines For Violating Sanctions - Business Insider: "Germany's Commerzbank is negotiating a fine with US authorities of at least 500 million dollars over allegations it dealt with countries blacklisted by the US, such as Iran, the New York Times reported late Monday.
An agreement could be announced as early as this summer, the newspaper said, quoting what it called people briefed on the matter.
The Times said Commerzbank, Germany's second largest bank, is "suspected of transferring money through its American operations on behalf of companies in Iran and Sudan"."
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