Midweek Roundup: U.S. Blacklists Russian Bank for Crimea Ties, Commerzbank May Oust Execs in Settlement, and More

The United States blacklisted the Russian National Commercial Bank and eight Ukrainian separatists Wednesday in retaliation for ongoing violence in Ukraine. The Russian bank moved into Ukraine's Crimea region after Russia claimed jurisdiction over the territory last year. More U.S. officials are requiring several executives to resign their positions with Commerzbank as part of the German lender's pending $1.5 billion deferred prosecution agreement to resolve anti-money laundering and sanctions violations, the Financial Times reported Monday. More Forty-seven Republican senators said in an open letter to Iran's leaders that any sanctions relief granted by the Obama administration could be reversed after...