French bank slapped with fine for deals done under sanctions

Leading French bank BNP Paribas said it would face no difficulty in absorbing the record multi-billion-dollar fine slapped on it by US authorities for breaking sanctions against pariah regimes. Under the overnight deal, BNP Paribas accepted guilt and a number of penalties totalling $8.9 billion (6.5 billion euros) for organising ways to enable Myanmar, as […]