Banks in Czech Republic

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06 7th, 2006

BAWAG P.S.K. reaches a global settlement solution in the USA

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Following intensive negotiations between BAWAG P.S.K., the United States Department of Justice, the Securities and Exchange Commission, the Refco debtors and Creditors Committee, the securities holder class action representatives and Thomas H. Lee and Partners, BAWAG is pleased to announce a settlement agreement has been reached with respect to various claims and potential claims of each of these parties against BAWAG relating to the Refco bankruptcy. Read the rest of this entry »