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U.S. high court asks Obama administration's view on bank secrecy

• Reuters

The U.S. Supreme Court on Monday asked the Obama administration to weigh in on a case that raises whether bank secrecy laws protect Arab Bank Plc from turning over documents in lawsuits in U.S. courts.

The high court, which is considering whether to hear the case, made the request to the Justice Department's Office of the Solicitor General.

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