Bloomberg News

ING Bank Agrees to Pay $619M to Settle Probe

June 12, 2012

ING Bank NV has agreed to pay $619 million to settle a probe into how financial institutions bypass sanctions on countries including Iran, Manhattan District Attorney Cyrus Vance Jr. said.

To contact the reporter on this story: Chris Dolmetsch in New York at cdolmetsch@bloomberg.net

To contact the editor responsible for this story: Mary Romano at mromano6@bloomberg.net


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