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BLOOMBERG Countdown May 21, 2014

And we are an innovative company. It makes a lot of sense. Welcome to countdown. U. S. Regulators are said to be seeking 5 billion from the becauseank bnp paribas of the deals with sanctioned countries. European editor david tweed has the details. We knew there was a probe going on on the subject of the number previously was a lot smaller. Plaxico were looking at Something Like 3. 5 billion for me also spoke to people familiar with these investigations and they have not even come out with the final figure. It could be bigger. We are expecting the actual ruling to come down probably next month. Morellion is certainly than bnp had to set aside. They only set aside 1. 5 billion. This is certainly a lot more money than it was expecting. The reason is because the u. S. Attorney in new york is taking a very dim view of the sanction violators and the attorney dealing with the case said in the past that the fines have not been tough enoug ....

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