BNP Paribas to take full tax hit on $8.97bn fine
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
FIGFIG People and Markets

BNP Paribas to take full tax hit on $8.97bn fine


BNP Paribas will not receive any tax relief on its record-setting $8.97bn fine and will have to take the full hit to its second quarter results. As it digests the fine and one year ban from dollar clearing in its oil and gas business, the extent of the ordeal’s impact on BNP Paribas’s plans is being closely evaluated by market participants the world over.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login
Gift this article