BNP sets aside $1.1 bln for possible U.S sanctions fine | Business Information & News | Westlaw

BNP sets aside $1.1 bln for possible U.S sanctions fine | Business Information & News | Westlaw

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2/14/14 REUTERS 11:00:00
REUTERS
Copyright © 2014 Thomson Reuters
February 14, 2014
BNP sets aside $1.1 bln for possible U.S sanctions fine
Lionel Laurent
Matthias Blamont
PARIS (Reuters) - BNP Paribas, France's biggest listed bank, has set aside $1.1 billion for a possible fine for breaching U.S. sanctions on countries including Iran, the latest bank to take a hit to profit from a legal investigation.
As well as facing...
---- Index References ----
Company: UBS AG; DEUTSCHE BANK AG; CREDIT SUISSE AG; AGEAS SA; BANK GOSPODARKI ZYWNOSCIOWEJ JSK; BNP PARIBAS SA; GENERALE SA; STANDARD CHARTERED PLC
News Subject: (Economics & Trade (1EC26); Major Corporations (1MA93); Global Econopolitics (1GL97); Economic & Trade Sanctions (1EC72))
Industry: (Electric Utilities (1EL82); Major Financial Services Firms (1MA21); Banking (1BA20); Electric Utilities Brokering (1EL75); Energy & Fuel (1EN13); Financial Services (1FI37); Utilities (1UT12))
Region: (Europe (1EU83); Southern Europe (1SO59); Italy (1IT70); North America (1NO39); Western Asia (1WE54); Americas (1AM92); Eurozone Countries (1EU86); Gulf States (1GU47); New York (1NE72); Mediterranean (1ME20); France (1FR23); Belgium (1BE51); Africa (1AF90); Luxembourg (1LU87); Iran (1IR40); Western Europe (1WE41); Asia (1AS61); Switzerland (1SW77); U.S. Mid-Atlantic Region (1MI18); Central Europe (1CE50); USA (1US73); Middle East (1MI23))
Language: EN
Other Indexing: (Lars Machenil; Aruna Viswanatha; Omar Fall; Karen Freifeld; Jean-Laurent Bonnafe; Mark Blinch)
Keywords: banking; securities (MCC:OEC); (N2:US); (N2:AMERS); (N2:USA); (MCCL:OEC)
Word Count: 876
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