things that will leave a mark

As may have heard, BNP Paribas is probably going to write a check for something in the range of $8 billion to $10 billion in order to settle allegations that it violated U.S. sanctions against Iran, Sudan, and a few other places. And while a couple billion or so to make allegations of wrongdoing go away would be but pocket change (and has historically been regarded as no big deal to banks forking over that amount to, say, stop being the poster child for massive tax fraud), senior executives at BNP are actually starting to think 8 or so billion dollars is kind of a lot of money. Read more »

  • 17 Apr 2014 at 12:52 PM

Layoffs Watch ’14: Credit Suisse

Denizens of the House of Dougan may want to gird their loins for the next several months. Read more »