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UniCredit Group to pay $1.3 billion, German unit to plead guilty in US sanctions resolution

UniCredit Group to pay $1.3 billion, German unit to plead guilty in US sanctions resolution

Tue, Apr 16, 2019

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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