Weekly Roundup: BNP Settlement Could Reach $10 Billion, U.S. Offers $1 Million for Information on Crime Boss, and More

U.S. authorities are allegedly seeking more than $10 billion from BNP Paribas SA to settle charges that the bank violated sanctions against Cuba, Iran and Sudan, Bloomberg said Friday. The settlement, which is "probably weeks away," would be the largest of its kind. More Credit Suisse's record settlement for aiding tax evaders is putting pressure on 13 other Swiss banks to cooperate with the U.S. Justice Department in similar probes, Bloomberg said. Their degree of cooperation will determine whether U.S. officials seek guilty pleas from the institutions. More Under a bilateral agreement between the United Kingdom and Switzerland, Swiss banks...