UniCredit Faces U.S. Probe, Romney May (or May Not) Have Issue with ...

Receiving Wide Coverage ...

Et tu, UniCredit?: You can add UniCredit to the growing list of banks under scrutiny for possible sanctions violations. The Journal reports the Italian bank is being investigated by the New York County District Attorney's Office, the U.S. Treasury Department's Office of Foreign Assets Control (OFAC) and the U.S. Department of Justice concerning dealings its German unit HypoVereinsbank had with heavily sanctioned Iran. Few details regarding the probe have yet to become...