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BNP Paribas To Pay Record $8.9 Billion Fine To U.S.03:58

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France's largest bank, BNP Paribas, has pleaded guilty to criminal charges connected with violating U.S. sanctions against Sudan, Cuba and Iran. The bank has agreed to pay a record $8.9 billion fine to the United States.

Wall Street Journal reporter Jason Bellini tells Here & Now's Robin Young that this is part of a strategy by the Justice Department that's expected to try to charge other major banks for evading American sanctions.


This segment aired on July 1, 2014.

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