BNP Paribas to pay $246 million fine in trading scheme

NEW YORK — French bank BNP Paribas has agreed to pay a $246 million fine as part of a settlement with the Federal Reserve over allegations that bank employees manipulated currency markets. The bank announced the Federal Reserve settlement on Monday. Previously, BNP Paribas had agreed to pay a $350 million fine in an agreement…

http://nationalpost.com/pmn/news-pmn/bnp-paribas-to-pay-246-million-fine-in-trading-scheme/wcm/fdeb9851-975a-4150-a33e-bf4f0fae8b4c

Advertisements

Author: MA Consultancy / WelshBiz

Web Marketing Agency & UK Business and Sports News Blogger via regional and national business and sports news blogs and linked social media accounts.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s