NEW YORK (TheStreet) -- Shares of BNP Paribas SA (BNPQY) are down -3.90% to $37.20 after it was reported that the France-based bank faces fines of about $2 billion as well as criminal charges for violating U.S. economic sanctions against several countries including Iran, sources say, the Wall Street Journal reports.

The bank could still avoid criminal charges if U.S. authorities agree to settle allegations as part of a deferred prosecution agreement, the Journal said.

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