France's biggest bank agreed to pay penalty of $8.9bn for dealing with countries that were the subject of US sanctions BNP Paribas, Frances biggest bank, pleaded guilty to criminal charges and agreed to pay a record-breaking penalty of nearly $8.9bn on Monday for dealing with countries that were the subject of US sanctions. Prosecutors said the bank had engaged in a "long-term, multi-jurisdictional conspiracy involving currency trades for clients in Sudan, Iran and Cuba that was known at the hig...
France's biggest bank agreed to pay penalty of $8.9bn for dealing with countries that were the subject of US sanctions BNP Paribas, Frances biggest bank, pleaded guilty to criminal charges and agreed to pay a record-breaking penalty of nearly $8.9bn on Monday for dealing with countries that were the subject of US sanctions. Prosecutors said the bank had engaged in a "long-term, multi-jurisdictional conspiracy involving currency trades for clients in Sudan, Iran and Cuba that was known at the hig...
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