Germany Pressured to Cut Iran Biz Ties

Berlin is resisting U.S. demands for tougher sanctions, but some German banks are winding down their business with Iran

US Under Secretary of the Treasury Stuart Levey is a well-groomed man with polite manners. While touring Europe's capitals this summer, the 44-year-old's graying hair is always perfectly parted and he prefers the genteel blue suits favored by bankers.

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