Department of Financial Services

Commerzbank close to settling U.S. sanctions probes

German lender Commerzbank AG (CBKG.DE) is nearing agreement with U.S. authorities over its dealings with Iran and other countries under U.S. sanctions, sources familiar with the matter said.

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NY DFS to Foreign Reinsurers: Are You Linked to Iran?

NY DFS sent a letter to foreign reinsurers asking if they were linked with Iran.

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