Dutch Banks Offer $132 Million

June 14, 2000

Dutch banks and the Amsterdam stock exchange are willing to pay more than $132 million to settle claims that they helped the Nazis steal bank accounts and stock from Jews, according to a Tuesday Reuters report.

The story, hinged on the comments of a “source close to the issue,” said if an accord is reached, it could clear the way for ING to buy ReliaStar, a Minnesota-based insurer, as well as the international and financial assets of Aetna. In those states, officials have said they would take Holocaust claims into account when considering potential purchases by Dutch companies.

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