For Thursday, May 1, 2014
POSTED: 01:30 a.m. HST, May 01, 2014
~~<p><strong>BNP Paribas says penalties may top $1.1B</strong></p>
BNP Paribas says penalties may top $1.1B
French bank BNP Paribas, owner of First Hawaiian Bank, warned on Wednesday that it might have to pay penalties higher than the $1.1 billion it had set aside for an investigation by the American authorities into whether it processed payments for countries facing U.S. sanctions, including Iran. Login for more...