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Discussions about the penalty amount are
continuing and the final amount could change, the report said.
(http://r.reuters.com/tac59v)
BNP Paribas, France's biggest bank, was in talks with U.S.
authorities to pay more than $3 billion to resolve probes into
whether it violated U.S. sanctions on Iran, Sudan and other
countries, Reuters reported last week citing people familiar
with the matter.
The bank warned last month it faced fines in excess of $1.1
billion over the matter, but declined to provide a specific
number.
The probes are being conducted by the U.S. Justice Department,
the U.S. Attorney's office in Manhattan, the U.S. Treasury
Department, the Manhattan District Attorney's office, and the
New York Department of Financial Services.
The settlement could be announced as early as next month, the
Bloomberg report said.
BNP Paribas, the U.S. authorities were not immediately available
for comment outside regular business hours.
(Reporting by Arnab Sen in Bangalore; Editing by Gopakumar
Warrier)
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