UniCredit is in discussions with U.S. authorities investigating the Italian bank for possible violations of sanctions on Iran, its chief said after news Commerzbank had agreed to a settlement in a related probe.
The U.S. State Department fought back on Friday against the latest Republican criticism of the Iran nuclear talks, saying any moves to lift U.N. sanctions if there was a deal would not limit U.S. options for future action against Tehran.
Major world powers have begun talks about a United Nations Security Council resolution to lift U.N. sanctions on Iran if a nuclear agreement is struck with Tehran, a step that could make it harder for the U.S. Congress to undo a deal, Western officials said.
Commerzbank AG (CBKG.DE) has agreed to pay U.S. authorities $1.45 billion to resolve an investigation of its dealings with Iran and other sanctioned countries as well as a separate probe of its money laundering controls, the U.S. authorities said on Thursday.
