"Ann is pleased to be able to reach this settlement," said Mr. Nikas.
I would like to thank Andy [ Hunt and his team for creating the right environment for us to reach this settlement".
In a statement, Deutsche Bank said: "We are very pleased to have reached this settlement, for which we have already fully reserved, and to put this issue behind us.
"Yahoo stopped accepting online gambling advertisements years ago, and after the U.S. Attorney's office contacted Yahoo with its concerns, we worked cooperatively over several years to reach this settlement," spokeswoman Kelley Benander said in a statement.
"We are pleased to have reached this settlement, which will help restore funds to MF Global's customers," a JPMorgan spokeswoman said in an e-mail, adding that bank officials "don't expect this settlement will have a material impact on our results".
Mary Kay Henry, the service employees' new president, said, "The reason we reached this settlement is we agreed that we want to return both our organizations to focus on organizing nonunion workers and fighting the income stagnation that is hurting so many working people in this country".
"I'm happy we've been able to reach this settlement in time for the city and its residents to enjoy a good holiday season in peace and harmony," said the industry's chief negotiator, James F. Berg, president of the Realty Advisory Board on Labor Relations.
Microsoft reached this settlement, one of the largest ever received by a group of temporary employees, after the workers had sued the company, maintaining that they were actually permanent employees, not temporaries, and therefore deserved the same benefits as regular workers.
