A US court sentenced the French company BNP Paribas to a record fine and imposed other penalties for helping foreign countries sanctioned to process transactions through the US financial system in violation of US federal laws, the New York Attorneys Office announced in a statement. WASHINGTON (Sputnik) BNP Paribas pleaded guilty in 2014 for conspiring ...

(Reuters) - U.S. authorities are investigating London-based Standard Chartered Plc (STAN.L) for potential U.S. sanctions violations connected to its banking for Iranian-controlled entities in Dubai, according to people familiar with the probe. The latest investigation involving the bank is based, in part, from evidence that emerged during a separate ...

(Reuters) - Internationalbanksare shying away from processing humanitarian deals withIranfor fear being fined for breaking Western sanctions, despite moves intended to facilitate the trade, a senior Iranian banker said. The sanctions regime, imposed by the United States and European Union over Tehran's nuclear program, allows trade in humanitarian ...

[caption id="attachment_104264" align="alignright" width="203"] The logo of BNP Paribas is seen on top of the bank's building in Fontenay-sous-Bois, eastern Paris, May 30, 2014.[/caption] (Reuters) - French bank BNP Paribas BNPP.PA has pleaded guilty to two criminal charges and agreed to pay almost $9 billion to resolve accusations that it had violated ...

[caption id="attachment_100324" align="alignright" width="171"] A view of French BNP Paribas bank headquarters in Paris[/caption] The US Treasury Department authorized the French bank BNP Paribas to do business in Iran earlier this year as US prosecutors were mulling a hefty fine over charges that it violated US sanctions against Tehran, says a report....