Edoardo Cignoli : BNP, U.S. Near Settling for Up to $9 Billion

BNP Paribas and U.S. prosecutors have agreed to broad terms of a deal in which the bank would pay $8 billion to $9 billion and accept other punishment based on what investigators say is evidence the bank intentionally hid $30 billion of financial transactions that violated U.S. sanctions.



via WSJ.com: US Business http://ift.tt/1p804x9