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BNP to slash dividend, issue bonds as U.S. settlement nears- WSJ
June 27, 2014 / 12:01 PM / 3 years ago

BNP to slash dividend, issue bonds as U.S. settlement nears- WSJ

PARIS, June 27 (Reuters) - France’s biggest listed bank BNP Paribas plans to slash its dividend and sell billions of euros in bonds to investors next week, as it nears a settlement with U.S. authorities over violations of sanctions, the Wall Street Journal reported on Friday.

BNP Paribas was not immediately available for a comment.

Writing by Maya Nikolaeva; editing by Leigh Thomas

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