BNP Paribas has to pay $8.9 billion in violations
BNP Paribas, the big french bank, came up the biggest loser today.
Late this afternoon we learned that BNP will pay a “Global money penalty” of $8.9 billion in a guilty plea to settle charges by U.S. authorities for violating American sanctions on Sudan and Iran, among others.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.