Morning Scan: BNP Paribas's 'Tour de Fraud'

Receiving Wide Coverage ...

'Tour de Fraud,' $8.9B Fine Drive BNP Share Price Up: Are multibillion dollar fines investor catnip? BNP Paribas's stock price opened 3.4% higher on Tuesday, following Monday's announcement that the bank settled with the U.S. government on an $8.9 billion fine for sanctions violations. The markets may have been soothed by the bank's statement that despite the fine it would be able to pay a cash dividend this quarter. Overall, BNP's share...