BNP Paribas has faced questions from France’s anti-corruption regulator over its use of an introducer as part of a deal to buy Deutsche Bank’s prime brokerage business last year.
The Agence française anti-corruption (AFA) queried a payment made to a business of a former Goldman Sachs dealmaker that amounted to hundreds of thousands of pounds, according to people briefed on the probe.
The payment was spotted as part of a routine audit by the AFA, details of which were first reported by Bloomberg. The UK’s Financial Conduct Authority has also been made aware of the payment but it has not yet decided whether to start a formal investigation.
The original full article can be found at ft.com
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