Weekly Roundup: Cohen Says Reputable Banks Shouldn’t Want to Deal with Iran, Ex-Ocean Bank Exec Gets 37 Months for Accepting Bribes, and More

No reputable bank should want to deal with Iran, said David Cohen, undersecretary for terrorism and financial intelligence at the U.S. Treasury Department, according to Reuters. Cohen added that he didn't feel "apologetic" towards countries and entities that are scrambling to get around the sanctions to pay Iran for oil. "If they are going to do that, they shouldn't be accessible to the international financial system," Cohen said in an interview with Reuters. More German auto maker Daimler AG learned Wednesday that it remained a target for foreign bribery charges by the U.S. Justice Department, according to The Wall Street...