Why BNP Paribas (BNPQY) Stock Is Down

NEW YORK (TheStreet) -- Shares of BNP Paribas SA (BNPQY) are down -1.50% to $36.15 after it was reported that U.S. prosecutors are seeking $3.5 billion or more from the French bank to resolve federal and state investigations into the lender's dealings with sanctioned countries, sources say, Bloomberg reports.

U.S. prosecutors are also seeking a guilty plea from BNP, sources added. 

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