U.S. Plans to Charge BNP Over Sanctions

Federal prosecutors are planning to criminally charge BNP Paribas for doing business with countries subject to U.S. economic sanctions, including Iran, Sudan and Cuba, according to a person briefed on the matter.
Prosecutors have in recent weeks met with BNP’s banking regulators, including New York financial regulator Benjamin Lawsky, the Treasury Department’s Office of Foreign Assets Control and the Federal Reserve Bank of New York, to ensure that such a move wouldn’t trigger automatic