See on Scoop.it – Money & 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 www.bloomberg.com