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With the size of the fine, there is no chance that it was worth it (to the bank). This fine is over four times bigger than the previous record fine ($1.9 billio

With the size of the fine, there is no chance that it was worth it (to the bank). This fine is over four times bigger than the previous record fine ($1.9 billion, HSBC, also for sanctions violations) However, it could have been worth it to the individuals who arranged the transactions and (presumably) got large bonuses as a result.

dragonwriter 12y ago
> With the size of the fine, there is no chance that it was worth it (to the bank). This fine is over four times bigger than the previous record fine ($1.9 billion, HSBC, also for sanctions violations) The previous record fine of a European bank by the US wasn't HSBC's $1.9 billion for sanctions violations, it was Credit Suisse's $2.6 billion for tax evasion. http://money.cnn.com/2014/06/30/investing/bnp-paribas-sanctions-fine/ http://money.cnn.com/2014/06/30/investing/bnp-paribas-sancti...