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Thursday, July 31, 2014

BNP Paribas Posts Loss on Huge U.S. Settlement by MARK SCOTT



By MARK SCOTT


The largest French bank by assets, which recently agreed to pay $8.9 billion for doing business to countries that faced American sanctions, said that its net loss for the three months through June 30 was 4.3 billion euros, compared with a 1.8 billion euro net profit for the period a year earlier.


Published: July 31, 2014 at 4:00AM


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