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News Brief

January 25, 1999
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The World Jewish Congress is planning to call on U.S. authorities to block Deutsche Bank’s planned acquisition of Bankers Trust, a WJC official was quoted as telling the French daily newspaper Le Monde. The WJC decision came after the group attempted to get the German bank to settle claims that it profited from Jewish assets during the Holocaust. The bank’s planned $10.1 billion acquisition would be the largest foreign takeover of an American bank.

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