BNP warns US fine may ‘far exceed’ $1.1 billion provision – Reuters

Reuters
PARIS (Reuters) – French bank BNP Paribas (BNPP.PA) has warned it might be hit with a U.S. fine far in excess of the $1.1 billion that it set aside last year to cover litigation costs linked to potential breaches of U.S. sanctions on countries including Iran.
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