BNP Paribas Risks Client Flight as Ban on Transfers Looms

See on Scoop.itMoney & Payments

Credit Suisse Group AG emerged from a guilty plea this week relatively unscathed. The punishment that prosecutors are now holding over BNP Paribas SA’s head could have more severe consequences.

Faisal Khan‘s insight:

New York DFS Superintendent Benjamin Lawsky, is making BNP pay in Benjamins alight and slapping them with restrictions on moving money (wire transfers). 

See on

This page was last updated on May 22, 2014.

Leave a Comment

Scroll to Top