The penalties against BNP Paribas raised countless issues, be they legal, financial, economic or political. The most frequently asked questions from our clients were the following:
Are the sanctions imposed on BNP Paribas by US authorities an act of economic war, or are they justified?
Does this sanction constitute a turning point in US policy that could pose a substantial risk for banks?
Are banks doomed to “return” all their profits in the form of fines and sanctions?
Which banks could be next?