No bank will openly admit to making bad loans, of course.
This was done; the bank admitting its liability and being much pleased with this action.
As is customary, the banks in those cases admitted no wrongdoing.
Under their settlements, the banks neither admitted nor denied any wrongdoing.
But the bank admits, though, that in the large county, including the settlement area, the proportion of Tibetans would decline, to 14 percent from 23.
Neither the firm nor the bank admitted any fault.
The bank did not admit wrongdoing in agreeing to settle.
The bank has admitted they refused to stamp it.
But that, the American bank admits, is not the primary reason for the tie-up.
Federal banking officials in New York said they could not remember the last time a bank had admitted this type of criminal activity.