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BNP said among banks facing $172m oil loss

Oil Barrels

BNP Paribas and its partners in a Scottish energy loan are staring at a loss of $172m after entrepreneur Ian Suttie’s venture went bankrupt, illustrating the wreckage banks are likely to face from the oil bust.



Deutsche Bank - External

Deutsche Bank faces sanctions over swap-data reports

Deutsche Bank is facing sanctions after the U.S. Commodity Futures Trading Commission said the company violated multiple swap data reporting rules because of a system outage and had inadequate business continuity and disaster recovery plans.