BFW 05/21 00:22 *U.S. SAID TO SEEK MORE THAN $5 BILLION SETTLEMENT FROM BNP
BN 05/21 00:22 *BNP PARIBAS SETTLEMENT SAID TO BE ANNOUNCED AS SOON AS JUNE
BN 05/21 00:22 *U.S. BNP SETTLEMENT TALKS INVOLVE ALLEGED SANCTIONS VIOLATIONS
BN 05/21 00:22 *U.S. SAID TO SEEK MORE THAN $5 BILLION SETTLEMENT FROM BNP
BN 05/21 00:22 *BNP PARIBAS SETTLEMENT SAID TO BE ANNOUNCED AS SOON AS JUNE
BN 05/21 00:22 *U.S. BNP SETTLEMENT TALKS INVOLVE ALLEGED SANCTIONS VIOLATIONS
BN 05/21 00:22 *U.S. SAID TO SEEK MORE THAN $5 BILLION SETTLEMENT FROM BNP
MORE: U.S. Said to Seek More Than $5b Settlement From BNP
2014-05-21 00:35:42.744 GMT
By Vivek Shankar
May 20 (Bloomberg) -- Settlement said to be announced as
soon as June, would be largest penalty for sanctions violations,
Bloomberg reports.
* U.S. seeking guilty plea
* Spokesmen for DOJ, BNP and Manhattan U.S. Attorney Preet
Bharara didn’t immediately respond to after-hours e-mails
requesting comment; Manhattan DA Cyrus Vance Jr.’s
spokeswoman declined to comment
* NOTE: 5/14 - Bonnafe Says BNP Has ‘Remediation Plan’ for All
USD Transactions
* NOTE: Y’day - Credit Suisse Says U.S. Settlements Cut 2Q Net
by CHF1.6b
Story Link: <GO>
For Related News and Information:
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First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Vivek Shankar in San Francisco at +1-415-617-7169 or
vshankar3@bloomberg.net
To contact the editors responsible for this story:
Brad Skillman at +1-212-617-2763 or
bskillman1@bloomberg.net
Vivek Shankar
2014-05-21 00:35:42.744 GMT
By Vivek Shankar
May 20 (Bloomberg) -- Settlement said to be announced as
soon as June, would be largest penalty for sanctions violations,
Bloomberg reports.
* U.S. seeking guilty plea
* Spokesmen for DOJ, BNP and Manhattan U.S. Attorney Preet
Bharara didn’t immediately respond to after-hours e-mails
requesting comment; Manhattan DA Cyrus Vance Jr.’s
spokeswoman declined to comment
* NOTE: 5/14 - Bonnafe Says BNP Has ‘Remediation Plan’ for All
USD Transactions
* NOTE: Y’day - Credit Suisse Says U.S. Settlements Cut 2Q Net
by CHF1.6b
Story Link: <GO>
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Vivek Shankar in San Francisco at +1-415-617-7169 or
vshankar3@bloomberg.net
To contact the editors responsible for this story:
Brad Skillman at +1-212-617-2763 or
bskillman1@bloomberg.net
Vivek Shankar