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    France Steps In Over Fears Of US Fine Against Bank

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    Wochit Headline News

    by Wochit Headline News

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    A potential multibillion-dollar U.S. fine against France's largest bank is clouding a dinner Thursday between the French leader and President Barack Obama — and has the potential to reverberate across Europe's financial sector. Investigators in New York and Washington are scrutinizing BNP Paribas' currency transactions through its New York office for clients in Iran, Sudan and Cuba in violation of U.S. trade sanctions between 2002 and 2009.