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BNP Paribas To Pay $246M More For Bad Forex Compliance

By Jack Newsham (July 17, 2017, 7:45 PM EDT) -- The Federal Reserve said Monday that French financial giant BNP Paribas SA would pay $246 million for lax oversight of its foreign exchange traders, the second major penalty the bank has agreed to pay for misconduct that could land one BNP Paribas trader in prison....

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