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French bank's US penalty worries other European banks

25.06.14 @ 09:19

  1. By EUOBSERVER

The prospect of a €7bn US penalty against BNP Paribas is worrying other top European banks also under investigation for allegedly doing business in countries subject to US sanctions. Germany's Deutsche Bank, Italy's UniCredit and France's Credit Agricole fear bigger-than-expected penalties, reports the Wall Street Journal.