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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 wins reprieve

Justice Scales

BNP Paribas won a government waiver that lets affiliates continue to operate as asset managers in the U.S., something that was in doubt after the bank admitted violating American sanctions on nations such as Iran.

Judge approves Commerzbank sanctions deal

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Commerzbank and government lawyers gained federal court approval of a $1.45bn agreement to defer prosecuting the lender for violating U.S. laws, including sanctions on doing business with Iran and Sudan.

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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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.

Justice Scales

BNP Paribas wins reprieve

BNP Paribas won a government waiver that lets affiliates continue to operate as asset managers in the U.S., something that was in doubt after the bank admitted violating American sanctions on nations such as Iran.

Gavel

Judge approves Commerzbank sanctions deal

Commerzbank and government lawyers gained federal court approval of a $1.45bn agreement to defer prosecuting the lender for violating U.S. laws, including sanctions on doing business with Iran and Sudan.