Standard Chartered Bank

NY targets Commerzbank employees in sanctions accord - sources

New York's financial regulator wants some Commerzbank AG (CBKG.DE) employees to be fired as part of a settlement over allegations the German lender improperly processed transactions with Iran and other countries facing U.S. sanctions, according to people familiar with the matter.

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Shuanghui's US$4.7 billion bid for Smithfield Foods raises US$5 billion

Shuanghui International's US$4.7 billion bid for Smithfield Foods raised an additional US$5 billion from international banks.

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