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BNP Paribas on probation

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BNP Paribas was sentenced to five years probation by a U.S. judge on Friday in connection with a record $8.9bn settlement resolving claims that it violated sanctions against Sudan, Cuba and Iran.

BNP Paribas said ignored warning signs prior to huge fine

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In December 2005, ABN Amro reached an $80m settlement with US regulators over breaking sanctions against Iran, Cuba and Sudan. And for one compliance official at BNP Paribas – where concerns had been raised about the same issues – the cat was now out of the bag.

BNP Paribas close to agreement with regulator

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BNP Paribas, seeking to settle claims it violated U.S. sanctions, is close to an agreement with New York state’s top banking regulator that would curtail some of its dollar-clearing operations for as long as a year, according to a person familiar with the matter.

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Asia De Cuba London

"Isn’t Asia de Cuba a little passé?" asked Tom, my veritable man about Soho. While Tom and I have different tastes in terms of style and fashion (it’s questionable whether we have any sense of either), I saw where he was coming from.

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BNP Paribas on probation

BNP Paribas was sentenced to five years probation by a U.S. judge on Friday in connection with a record $8.9bn settlement resolving claims that it violated sanctions against Sudan, Cuba and Iran.