Hollande Pledges to Confront Obama on Potential BNP Fine
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French President Francois Hollande said he will confront U.S. President Barack Obama over a potential $10 billion fine against BNP Paribas SA, France’s biggest bank, for violating American trade sanctions.
“I don’t know if he wants to talk about it, but I will talk about it,” Hollande told reporters today on a visit to Warsaw, Poland. Obama and Hollande meet today in Brussels at a gathering of Group of Seven leaders, though Hollande said he will save the BNP discussion for his bilateral dinner with the U.S. president tomorrow in a Paris restaurant.