Reported about 6 hours ago
BNP Paribas is attempting to reassure investors regarding its limited exposure to litigation related to Sudan, following a U.S. jury's ruling that the bank aided the Sudanese government's genocide through its banking services. Despite the bank's claims of expecting a favorable outcome on appeal and its assertion that Swiss law protects it from liability, uncertainty persists among analysts and investors, leading to a decline in the bank's shares.
Source: YAHOO