UniCredit Group to pay $1.3 billion, German unit to plead guilty in U.S. sanctions resolution

April 15, 2019 admin Business News Comments Off on UniCredit Group to pay $1.3 billion, German unit to plead guilty in U.S. sanctions resolution

UniCredit Group, Italy’s biggest bank by assets, has agreed to pay $1.3 billion to U.S. authorities to settle probes of violations of U.S. sanctions on Iran and other countries, U.S. authorities said on Monday.

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Source:: Reuters – Business News