BNP Said Close to $9B U.S. Settlement on Sanctions

BNP Said Close to $9B U.S. Settlement on Sanctions Play

June 23 (Bloomberg) -- Otto Ditchl, managing director at Stifel Nicolaus Europe, discusses BNP Paribas approaching a deal with the U.S. government that could cost it $9 billion in fines to settle allegations it violated U.S. sanctions and what it means for the bank going forward. He speaks with Olivia Sterns on “The Pulse.”

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