February 11 2026

$9B BNP Fine Intended to Serve as Wake-up Call to Shareholders

$9B BNP Fine Intended to Serve as Wake-up Call to Shareholders

Justice Department says the $9 billion fine against France's BNP Paribas will hopefully be a wake-up call to shareholders about the importance of holding corporate chiefs accountable for following the law. The bank was accused of falsifying records to conceal funneling billions of dollars from blocked nations through its U.S. operations. [7/1/14]