US, French Bank Close To Deal On $9 Billion Fine - Presented by: The Aol. On Network

A source says, the U.S. government and French bank BNP Paribas are close to a settlement over alleged sanctions violations that would require the bank to plead guilty, pay almost $9 billion in penalties and face other sanctions. France appealed this month to President Barack Obama to intervene, but Obama declined to get involved and said he would read about the case "in the newspapers just like everybody else.



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