HSBC - BNP Paribas Faces the Music - Reportedly Settles Case Over Swiss Franc Loan | Benzinga
BNP Paribas (OTC: BNPQY) reportedly settled a lawsuit related to a Swiss franc loan case.
BNP penned a settlement deal with France's consumer group CLCV over a lawsuit on its consumer credit unit for misleading practices about Swiss-franc mortgages, reported Reuters.
The company will pay a compensation of between 400 million and 600 million euros ($662.3 million), the report added.
In late November, BNP ...