Oil prices down in Asian trade
Oil prices eased in Asia Monday on softer US demand, but tensions in the Middle East where jihadists have declared an Islamic state straddling Iraq and Syria will likely keep prices high, analysts said.
Jun 30, 2014, 09:23 AM IST
BNP Paribas chief concedes bank faces 'severe' punishment
The head of BNP Paribas has conceded the bank will be "punished severely" ahead of what is expected to be a multi-billion dollar fine for breaching US economic sanctions.
Jun 28, 2014, 23:05 PM IST
BNP Paribas nears up to $9 billion settlement with US authorities: Source
BNP Paribas has been negotiating on an almost daily basis with U.S. authorities for weeks.
Jun 23, 2014, 13:24 PM IST
China group used same metal stocks to borrow $2.5 bn: Report
A Chinese mining group allegedly used the same commodity stocks as collateral for loans of more than USD 2.5 billion from different banks, state-run media reported, with its other lenders also including Standard Chartered, HSBC, and BNP Paribas.
Jun 18, 2014, 17:57 PM IST
BNP Paribas warned of US legal risks: Report
The bank is accused of breaking sanctions against Iran, Sudan and Cuba between 2002 and 2009 by carrying out dollar transactions with them.
Jun 13, 2014, 19:55 PM IST
BNP chief operating officer to go amid US probe
A spokeswoman for the bank said he had planned to retire this year anyway and would not comment on the U.S. proceedings.
Jun 12, 2014, 14:09 PM IST
