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BNP, US prosecutors near $US9bn settlement

BNP Paribas has neared a deal with US prosecutors that would see the French bank pay $US8 billion to $US9 billion and accept other punitive measures for violating American sanctions, The Wall Street Journal reports.

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Read more: BNP ParibasUS prosecutorsWall Street Journal reportsIranSudanUS sanctionsBNP Paribas executivesCubaInternational Emergency Economic Powers ActInvestmentJulyKhartoummid-MayNew York state banking regulator Benjamin LawskyPresident Francois HollandeSenior BNP executive Dominique RemySundayUS authoritiesUS dollarsUS regulators