June 5, 2014 / 10:40 AM / in 4 years

French finmin says BNP fine could affect EU-U.S. trade talks

PARIS, June 5 (Reuters) - France raised the stakes on a possible U.S. fine on its largest bank, BNP Paribas, warning on Thursday that it could affect ongoing EU-U.S. talks on a major trans-Atlantic trade deal.

“We must all completely respect the independence of the justice system. But we are also partners with a relationship of trust, and that trust must not be broken,” Finance Minister Michel Sapin told Le Monde daily in an interview.

“This could affect the ongoing talks on the free-trade treaty.”

Sapin also said a number of BNP staff involved in the transactions at the centre of the U.S. probe had been fired. (Reporting by Ingrid Melander; Editing by James Regan)

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