trending Market Intelligence /marketintelligence/en/news-insights/trending/4xy0nquzbjt75kfmzrb_qg2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In this list

Union de Banques Arabes et Françaises under US sanctions probe

Mining Exploration Insights – May 2020

Essential Energy Insights - May 14, 2020

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Credit Analytics Case Study: Provogue (India) Limited and Shree Renuka Sugars


Union de Banques Arabes et Françaises under US sanctions probe

Union de Banques Arabes et Françaises SA, which is 47% owned by Credit Agricole Corporate & Investment Bank, is under investigation in the U.S. over oil sales by countries under embargo, L'Agefi reported Dec. 29.

Citing satirical newspaper Le Canard Enchaîné, L'Agefi said the U.S. Office of Foreign Assets Control had obtained evidence of bank transfers regarding oil sales by Iran, Libya and Syria issued by a Hong Kong-based subsidiary of Union de Banques Arabes et Françaises between May 2009 and May 2014. L'Agefi cited its own source as saying that an investigation was underway, but the outcome was uncertain.

Crédit Agricole CIB is the investment banking subsidiary of Crédit Agricole SA.

In October 2015, Crédit Agricole SA and Crédit Agricole CIB agreed to pay U.S. authorities $787.3 million in a settlement over violations of U.S. sanctions between 2003 and 2008.