BNP Paribas to be ‘punished severely’, says boss.
The bank could be fined USD 8.9bn. The boss of BNP Paribas has written to staff warning that the French banking giant will be fined heavily by US authorities, the BBC reports. “I want to be clear, we will be punished severely,” Jean-Laurent Bonnafe said in the internal memo. The bank could be (...)
[Read the article in Nine O`Clock]