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BNP Paribas warns on bigger U.S. fine

Reuters Business
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April 30, 2014 AT 9:41 AM
France's BNP Paribas has warned it might be hit with a U.S. fine far in excess of the $1.1 billion that it set aside last year to cover litigation costs linked to potential breaches of U.S. sanctions. Joanna Partridge looks at the implications for the lender.