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BNP Sets Aside $1.1B For Potential Penalties

By Stephanie Russell-Kraft (February 13, 2014, 5:30 PM EST) -- BNP Paribas SA set aside $1.1 billion in the fourth quarter of 2013 for potential penalties related to transactions in countries under U.S. sanctions, the French bank said Thursday after its board approved the release of its 2013 financial statements....

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