The New York State Banking Board approved Deutsche Bank’s $10.1 billion takeover of Bankers Trust. Thursday’s approval came after Jewish groups and New York City’s top financial official, Alan Hevesi, dropped their opposition to the proposed merger, saying Germany’s largest bank was making progress in handling Holocaust-era issues.
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The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
