Morning Scan: European Banks Under U.S. Probes; What Caused 'To...

Receiving Wide Coverage ...

European Banks Face U.S. Legal Woes: European lenders BNP Paribas and Credit Suisse are both being probed by the Justice Department, and everyone's wondering what the inquiries may bring. French lender BNP Paribas may have to shell out penalties higher than the $1.1 billion it already set aside for a Justice Department investigation into whether it processed payments for countries under U.S. sanctions, including Iran, according to the New York Times. BNP...