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JUL 08, 2014 - Yahoo! News

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U.S. in sanctions talks with Commerzbank and Deutsche: source

By Thomas Atkins and Alexander Hübner FRANKFURT (Reuters) - U.S. authorities have begun settlement talks with Germany's Commerzbank and Deutsche Bank over their dealings with countries blacklisted by the United States, extending a crackdown on European banks at a delicate point in U.S.-German relations. Deutsche Bank and Commerzbank declined to comment. Washington has come down hard on European banks which have evaded their sanctions, imposing a record fine on France's BNP Paribas last week and stoking resentment among bankers and officials at what they see as U.S. imperialism. ... Read More

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