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Monday, December 11, 2017
BNP Paribas

U.S. To Slap Record $8.9 Bn Fine On BNP Paribas

New York (AFP) — French bank BNP Paribas has agreed to pay U.S. authorities a $8.9 billion fine to avoid being tried in court for dealing with U.S.-blacklisted countries, sources close to the matter told AFP. The deal ends months of haggling which saw French President Francois Hollande pressing his U.S. counterpart Barack Obama to […]

June 30, 2014

U.S. Treasury ‘Approved BNP Iran Licenses’

Washington (AFP) – U.S. authorities authorized BNP Paribas to operate in Iran earlier in the year, even as they considered penalties against the French bank for earlier breaking an embargo imposed on the country, a Treasury official said. The U.S. Treasury Department granted the bank two licenses in February and March for transactions in Iran […]

June 12, 2014

U.S. Suit Alleges 12 Banks Colluded In Huge Forex Market

New York (AFP) — A dozen banking giants have been sued in New York for allegedly fixing global foreign exchange rates in the latest ripple to accompany government probes of the huge market. The defendants in the class-action lawsuit, which include BNP Paribas and JPMorgan Chase, shared confidential information during private online chat sessions to […]

April 1, 2014