PressDigest

BNP Paribas cuts bonus payouts for top executives

Sunday 8 February 2015 at 15:09

Several top current and former executives of BNP Paribas have had their bonuses for 2014 slashed or cancelled to reflect the $8.9bn penalty paid by the French bank last June to US regulators for its processing of transactions involving groups based in countries sanctioned by Washington between 2002 and 2012.