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.
Was this article valuable?
Here are more articles you may enjoy.
Harbor Emerges From Stealth with $10M Funding to Handle AI-Agent Risk 
Banking Watchdogs Ramp Up AI Scrutiny as Stability Fears Mount, Sources Say 
Europe’s Insurers Cut Coverage of Weather Losses, Report Says 
AI’s Water Strain Includes Surging Demand From Electricity Use 
