SocGen expects around $1.4 billion in U.S. sanctions penalties

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France’s Societe Generale expects penalties relating to its dispute with U.S. authorities over international sanctions violations to be close to 1.2 billion euros ($1.4 billion) which would almost entirely be covered by provisions.

Source:: http://feeds.reuters.com/~r/reuters/businessNews/~3/O07no4rdAoM/socgen-expects-around-1-4-billion-in-u-s-sanctions-penalties-idUSKCN1LJ1TK

      

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