The French bank has been accused of violating US sanctions against those three countries and faced a massive fine for using the US currency in dealing with them. Previous estimates had put the fine between
Over the weekend, media reports say the bank's Board of Directors met discreetly and approved the move to accept the
Details of the fine and punitive measures are due to be announced when markets close in the US on Monday.
French officials have warned that the harshness of the US fine and punitive measures are unwarranted and disproportionate and the US action could hamper efforts to get a Trans-Atlantic trade agreement wrapped up.
French stock broker "Boursorama" said that the BNP-Parisbas shares were up slightly in mid-morning at
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