BNP Paribas settlement to come next week: source | Bangkok Post: news

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BNP Paribas settlement to come next week: source

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US regulators next week plan to announce a $9 billion settlement with BNP Paribas to settle charges the French bank violated American sanctions, a person familiar with the talks said. 

US regulators next week plan to announce a $9 billion settlement with BNP Paribas to settle charges the French bank violated American sanctions, a person familiar with the talks says

After lengthy negotiations, the French bank, the US Department of Justice and New York state banking regulator Benjamin Lawsky have reached a broad agreement on a settlement, said the person, who spoke on the condition of anonymity.

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