“BNP Paribas is expected to plead guilty in the coming weeks to charges that it processed payments for companies and countries that were subject to United States sanctions. BNP Paribas is also expected to pay financial penalties of about $8 billion, which would leave a sizable, though manageable, dent on its balance sheet. Despite those potential punishments, some regulators want to do more. Specifically, Benjamin M. Lawsky, New York State’s top financial regulator, is considering whether to temporarily suspend BNP Paribas’s ability to process dollar payments, according to people briefed on the settlement talks.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
The Golden State Killer has been found, and he was a police officer
Spain's Podemos Backtracks on Aim to Restructure Spanish Public Debt
NSA: Snowden was just doing his job
Phone Records of AP Journalists Seized by U.S. Government
Are We Underestimating America's Fracking Boom?
Here Is What Bitcoin Users Are Buying On Overstock.com
Journalist Barrett Brown fights media gag order in Stratfor hacking trial
Venezuelan VP: Anyone rejecting border closure deserves no trust
Voters post ballot selfies online in protest of new social media law
Laos, Cambodia Stock Exchanges Have A Combined 3 Companies Listed
Cyprus bourse scraps banking index after bailout
With Affordable Care Act, Canceled Policies for New York Professionals
U.S. ‘influenced British government’s decision to introduce secret courts’
Proposals announced to boost Shanghai Free Trade Zone
2 killed, 8 shot by police in shooting near Empire State Building