WASHINGTON BNP Paribas on Monday became the second foreign bank this year to plead guilty to violating U.S. laws, but perhaps the biggest question about the Justice Department action against the French company is what it means for U.S. banks.
Federal and state law enforcement officials struck a final settlement with BNP over allegations it allowed transactions with countries sanctioned by the U.S. The accord included two guilty pleas for criminal misconduct.
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