Seeking Alpha

BNP Paribas to plead guilty, pay $8.8B

  • As has been rumored for awhile, BNP Paribas (BNPQF) has plead guilty to two felony counts and agreed to pay $8.8B in fines to settle a U.S. probe into dealing with countries under sanction, reports the WSJ.
  • Whether or not BNP will be suspended from performing dollar clearing services - potentially a big hurt on its business - has not yet been reported.
  • Previously: NYT: BNP Paribas expected to plead guilty, pay $8.9B
From other sites
Comments (1)
  • psychological-dividends
    , contributor
    Comments (809) | Send Message
     
    Uh oh.
    30 Jun 2014, 04:33 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs