Commerzbank Loses Fight With Banker Fired Amid U.S. Probe

  • ‘Lars C.’ was fired at request of New York bank regulator
  • Appeals court says Commerzbank had ignored issue for years

Commerzbank AG must reinstate a banker fired at the request of a New York regulator as part of a $1.45 billion settlement with U.S. authorities after the lender lost an appeal in a Frankfurt court.

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