Deutsche Bank agreed on November 4 to pay fines totaling $258 million and fire six employees to settle charges that the bank violated U.S. sanctions laws. Between 1999 and 2006, the German bank conducted 27,200 transactions, totaling over $10.86 billion, for customers in Iran, Libya, Myanmar, Syria, and Sudan.  According to regulators, bank employees developed methods to shield the transactions from scrutiny. Deutsche Bank will pay $200 million to the New York State Department of Financial Services and $58 million to the Federal Reserve.