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BNP Paribas made no provisions for Sudan-related litigation in Q3, CFO says
Yahoo Finance· 2025-10-21 14:08
PARIS (Reuters) -BNP ParibasPA> made no provisions for Sudan-related litigation in its upcoming third-quarter results, Chief Financial Officer Lars Machenil said on Tuesday as the bank sought to dispel concerns it could be exposed to further legal claims. The federal jury in Manhattan, on Friday, ordered the French bank to pay a combined $20.5 million to three Sudanese plaintiffs who testified about human rights abuses perpetrated under former President Omar al-Bashir's rule. The lender's shares tumbled ...