BNP Paribas pleads guilty to sanction violations

France’s largest bank has agreed to pay nearly $9bn (€6.5bn) to resolve criminal allegations that it processed transactions for clients in Sudan and other blacklisted countries in violation of US trade sanctions, the Justice Department says.

BNP Paribas pleads guilty to sanction violations

France’s largest bank has agreed to pay nearly $9bn (€6.5bn) to resolve criminal allegations that it processed transactions for clients in Sudan and other blacklisted countries in violation of US trade sanctions, the Justice Department says.

BNP Paribas pleaded guilty to state charges in New York and plans another guilty plea in federal court next month.

Already a subscriber? Sign in

You have reached your article limit.

Subscribe to access all of the Irish Examiner.

Annual €130 €80

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited