BNP Paribas Pleads Guilty in U.S. to Violating Sanctions

BNP Paribas SA pleaded guilty in Manhattan federal court to violating U.S. sanctions after agreeing last week to pay a record $8.97 billion to resolve state and federal probes that reached the highest echelons of French and American diplomacy.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.