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SEP 29, 2014 - MarketWatch

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NY regulator wants Commerzbank employees fired as part of settlement: report

NEW YORK (MarketWatch) -- New York's Department of Financial Services wants German lender Commerzbank AG to fire employees as part of its settlement over allegations the bank processed transactions involving countries facing U.S. sanctions, according to a report in the New York Times on Monday. The German lender is near an agreement to pay $650 million to U.S. authorities for ...

Tags: NY regulator wants Commerzbank employees fired as part of settlement: report,  Commerzbank Latest News

SEP 29, 2014 - Yahoo! News

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Exclusive: NY targets Commerzbank employees in sanctions accord - sources

By Karen Freifeld NEW YORK (Reuters) - New York's financial regulator wants some Commerzbank AG employees to be fired as part of a settlement over allegations the German lender improperly processed transactions with Iran and other countries facing U.S. sanctions, according to people familiar with the matter. Commerzbank is nearing an agreement to pay some $650 million to U.S. authorities ...

Tags: Exclusive: NY targets Commerzbank employees in sanctions accord - sources,  Commerzbank Latest News

SEP 29, 2014 - Business Insider

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Exclusive: NY Targets Commerzbank Employees In Sanctions Accord - Sources

By Karen FreifeldNEW YORK (Reuters) - New York's financial regulator wants some Commerzbank AG employees to be fired as part of a settlement over allegations the German lender improperly processed transactions with Iran and other countries facing U.S. sanctions, according to people familiar with the matter.Commerzbank is nearing an agreement to pay some $650 million to U.S. authorities over sanctions-related ...

Tags: Exclusive: NY Targets Commerzbank Employees In Sanctions Accord - Sources,  Commerzbank Latest News

SEP 29, 2014 - MarketWatch

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Investor bet on Pimco fund withdrawals is overdone: Commerzbank

NEW YORK (MarketWatch) -- Friday's 6% slump in shares of Allianz SE is overdone, said analysts at Commerzbank in a Monday note. That drop implies that investors would pull $200 billion to $300 billion from funds of subsidiary Pimco after the departure of high-profile chief investment officer Bill Gross. "We believe that assets are more sticky and that the market ...

Tags: Investor bet on Pimco fund withdrawals is overdone: Commerzbank,  Commerzbank Latest News

SEP 29, 2014 - MarketWatch

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The Wall Street Journal: Commerzbank in U.S. probe over money-laundering allegations

The Manhattan U.S. attorney’s investigation could throw a wrench in efforts by Germany’s second-largest bank to settle separate allegations that it violated sanctions.

Tags: The Wall Street Journal: Commerzbank in U.S. probe over money-laundering allegations,  Commerzbank Latest News