Morning Scan: BNP Enlists Government; Interest-Only Home Equity Line...

Receiving Wide Coverage ...

Up in Arms: French leaders are incensed over demands by U.S. authorities that BNP Paribas pay $10 billion to end a criminal probe of its alleged evading of sanctions by doing business with Sudan and other U.S.-blacklisted nations, the Wall Street Journal, New York Times and Financial Times all reported. "The penalty must be proportional and reasonable," French Foreign Minister Laurent Fabius was quoted as saying on Tuesday. "These figures are not...