France hits back at mooted US mega fine on BNP Paribas


PARIS: France, trying to minimise US penalties against BNP Paribas bank on charges of breaking US sanctions, said on Tuesday that a reported US$10bil fine was excessive and warned it could damage trans-Atlantic trade talks.

The remarks from French Foreign Minister Laurent Fabius ramp up French concern at the size, manner and likely effects of the expected fine.

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US sanction , violate , BNP Paribas , fine , billion

   

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