65 F
Laguna Hills
Monday, Mar 23, 2026
-Advertisement-

Bawag: $675M to Settle Refco Charges

Austria’s Bawag PSK bank will pay at least $675 million to avoid prosecution and to settle bankruptcy claims after admitting its role in the collapse of commodities brokerage Refco Inc., U.S. authorities announced Monday.

https://news.yahoo.com/s/ap/20060605/ap_on_bi_ge/austria_bawag;_ylt=AoZvMRza3C1oZISbsHy.vCtu24cA;_ylu=X3oDMTA5aHJvMDdwBHNlYwN5bmNhdA–

*For more on this story,

read the full Associated Press article.

Want more from the best local business newspaper in the country?

Sign-up for our FREE Daily eNews update to get the latest Orange County news delivered right to your inbox!

Would you like to subscribe to Orange County Business Journal?

One-Year for Only $99

  • Unlimited access to OCBJ.com
  • Daily OCBJ Updates delivered via email each weekday morning
  • Journal issues in both print and digital format
  • The annual Book of Lists: industry of Orange County's leading companies
  • Special Features: OC's Wealthiest, OC 500, Best Places to Work, Charity Event Guide, and many more!

Previous article
Next article
-Advertisement-

Featured Articles

-Advertisement-
-Advertisement-
-Advertisement-
-Advertisement-

Related Articles

-Advertisement-
-Advertisement-