http://ift.tt/eA8V8J UniCredit is in constant discussions with U.S. authorities investigating the Italian bank for possible violation of sanctions on Iran, its chief said after news Commerzbank had agreed to a settlement in a related probe. Commerzbank has agreed to pay U.S. authorities $1.45 billion to resolve sanctions and other violations, the latest big European bank to acknowledge moving funds through the U.S. financial system for countries like Iran and Sudan.
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