Bllomberg is talking of $5Bil Santions in the US, MArket was talking of $3.5bil, if you adds up all provisions the market is talking of $3bil already in BNP Accounts...another $2bil, will be €1.20 / share ...happy now that we have a clear idea to get involved for a 2.5% on the stock...if BNP is going to pay this amount, I presume they won't lose their Licence ion the US.
I will buy BNP here, after selling the rumor, I will Buy the News.. I will take profit above €54.
Laurent