Tag Archives: BNP

Washington, United States | AFP | US regulators on Monday fined French banking giant BNP Paribas $246 million for poor oversight of its foreign exchange traders who manipulated trading prices. The move came six months after the Federal Reserve permanently barred former BNP trader Jason Katz from the banking industry, …

Rwanda | TRACY McNicoll | France’s largest bank is facing serious accusations after three NGOs on June 29 said they filed legal action against BNP Paribas alleging “complicity in genocide, war crimes and crimes against humanity” during Rwanda’s 1994 genocide. The suit alleges Banque Nationale de Paris (BNP), as the …