Will BNP Paribas Fines Be a Deterrent for Others?

Will BNP Paribas Fines Be a Deterrent for Others? Play

June 30 (Bloomberg) -- Richard Farley, partner at Paul Hastings, and Bloomberg’s Keri Geiger examine potential penalties to be paid by BNP Paribas as it faces a record $8.9 billion fine and a one-year ban on dollar clearing. The bank is expected to plead guilty today to violating U.S. sanctions against blacklisted nations. They speak on “Market Makers.”

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