BUSINESS DAILY - BNP Paribas 'has cash' to cover $8.9bn record fine

FRANCE 24 English 2014-07-01

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France’s largest bank, BNP Paribas, says it has sufficient cash to cover a record $8.9 billion fine from US authorities for breaching sanctions on Iran, Sudan and Cuba. Shares in the lender opened up in Paris after the bank announced it would pay a dividend similar to last year’s. Also today: it's a good day to talk in Europe, as mobile roaming charges fall for calls, text messages and data.



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