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Tuesday, October 21, 2014         

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Business Briefs

For Thursday, May 1, 2014

By Star-Advertiser staff

POSTED: 01:30 a.m. HST, May 01, 2014

~~<p><strong>BNP Paribas says penalties may top $1.1B</strong></p>
<p>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.</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...



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