US orders BNP Paribas to pay USD 8.9 bn in Iran sanctions case

 A US judge today ordered BNP Paribas to pay a record USD 8.9 billion fine to settle violations of US sanctions linked to Iran and other countries.

BNP Paribas Q2 profits rise, boosted by Fortis

BNP Paribas, France`s biggest bank by market value, posted higher second-quarter profit on Tuesday, helped by its purchase of Fortis assets, and expressed some optimism over prospects for financial markets.