BNP Paribas Sentenced In $8.9 Billion US Sanctions Accord

(Reuters) - BNP Paribas SA was sentenced to five years probation by a U.S. judge on Friday in connection with a record $8.9 billion (5.88 billion pounds) settlement resolving claims that it violated sanctions against Sudan, Cuba and Iran. U.S. District Judge Lorna Schofield in Manhattan formally ordered the French bank to forfeit $8.83 billion and pay a $140 million fine as part of a sentence. The case marked the first time a global bank pleaded guilty to violations of U.S. economic sanctions, t...