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People News: Bank of America, Rabobank, C Suisse

Bank Of America Corner Signs

Bank of America Merrill Lynch has hired Michael Wise, a banker specializing in equity sales for financial institutions, as a vice chairman of global equity capital markets, the firm announced in an internal memorandum on Monday.

Judge approves Commerzbank sanctions deal

Gavel

Commerzbank and government lawyers gained federal court approval of a $1.45bn agreement to defer prosecuting the lender for violating U.S. laws, including sanctions on doing business with Iran and Sudan.

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