The euro hit an eight-month low against the dollar on Wednesday as worries drove investors away from the single currency.» Read More
BNP pleaded guilty to conspiring to violate U.S. sanctions, as part of a nearly $9 billion settlement in which it admitted to breaking embargoes.
Although hopes are high as the second quarter earnings roll out, revenue growth looms as a potential problem.
CNBC's Stephane Pedrazzi reports on French Finance Minister Michel Sapin's calls for a "rebalancing" of the currencies used for international transactions.
France has hit out against the dollar dominance in global transactions after BNP Paribas was fined $9 billion for helping countries avoid sanctions.
The dollar struggled to make more headway after a jump in U.S. job creation left stock markets in optimistic mood.
The dollar was broadly bid on Thursday by a stronger-than-expected U.S. nonfarm payrolls report for June.
BNP Paribas has pleaded guilty to criminal charges and agreed to pay $8.83 billion for violating sanctions laws. Cyrus Vance Jr., Manhattan District Attorney, discusses the plea and what it means for the French bank.
Filippo Alloatti, senior research analyst at Hermes Fund Managers, discusses whether the fine handed to BNP Paribas was large enough.
CNBC's Stephane Pedrazzi discusses the terms of BNP Paribas' settlement with U.S. authorities after the bank pleaded guilty to two criminal charges and agreed to forfeit $8.83 billion.
CNBC's Kate Kelly reports BNP Paribas has agreed to pay $8.83 billion for violating sanctions laws.
BNP Paribas is potentially facing an $8.9 billion fine from the U.S. Justice Department over alleged sanctions violations. The "Squawk on the Street" news team discuss recent regulatory problems facing financial instructions.
Thomas Dhainaut, asset manager at Sycomore asset management, says that BNP Paribas is a "solid bank" as its board approves a record $8.9 billion settlement with U.S. authorities.
BNP Paribas has secured a partial concession on the eve of a record $8.9 billion settlement over alleged sanction violations that US authorities are expected to announce on Monday.
A fraud at China's third-largest port has forced banks and trading houses to consider new controls in China's massive commodity financing business.
Sterling rallied on Thursday after new measures to cool the UK housing market failed to dampen rate rise expectations.
China shadow banks have lower lending rates than traditional banks, China Beige Book data show, but it may not signal a hiccup in efforts to curb the sector.
The British pound fell after the Bank of England did little to bolster rate hike expectations.
French bank likely to pay $8-$9 billion as part of a settlement with U.S., a person familiar with the matter tells news wires.
JPMorgan was again ranked the top investment bank by revenue in the first quarter with $5.9 billion, according to a new survey.
The U.S. dollar held onto modest gains, having risen broadly after U.S. consumer prices recorded their largest increase in more than a year in May.