Commerzbank Said to Face Fines in Sanctions Probe

Commerzbank Said to Face Fines in Sanctions Probe Play

July 8 (Bloomberg) –- Bloomberg’s Hans Nichols reports on Commerzbank, Germany’s second-largest lender, becoming the next bank to resolve alleged U.S. sanctions violation and pay penalties of at least $500 million. He speaks to Anna Edwards and Ryan Chilcote on Bloomberg Television’s “Countdown.” (Source: Bloomberg)

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