Bloomberg: Potential BNP fine jumps to over $5B

|About: BNP Paribas (BNPQF)|By:, SA News Editor

U.S. authorities want BNP Paribas (BNPQF) to pay over $5B in fines and plead guilty to settle federal and state probes into the French bank's dealings with sanctioned countries, including Sudan and Iran, Bloomberg reports.

The figure is notably above the $3.5B that Bloomberg bandied about just last week and the more than $1.1B that BNP has set aside.

A deal could be announced next month.

Shares are -2.05% in Paris.