BNP nears settlement with U.S. for up to $9 billion
June 22, 2014 at 23:58 PM EDT
BNP Paribas and U.S. prosecutors agree to broad terms of a deal in which the bank would pay $8 billion to $9 billion and accept other punishment based on what investigators say is evidence the bank intentionally hid $30 billion of financial transactions that violated U.S. sanctions, The Wall Street Journal reports.