EPISODE · Oct 20, 2025 · 31 MIN
BNP Paribas Tanks After Court Ruling, S&P Cuts French Credit Rating
from Nobody Special Finance · host Nobody Special Finance
A US court has found BNP Paribas liable for genocide committed by the Sudanese Govt over transactions carried out in violation of US Sanctions. Those losses stemming from this case will likely be in the billions. Elsewhere S&P has cut France's credit rating again after the French Prime Minister survived a no confidence vote only after abandoning a controversial plan to raise the retirement age.Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinanceSupport the Channel by Buying Me a Coffee https://www.buymeacoffee.com/nobodyspecialSubscribe to Nobody Special on YouTube: https://www.youtube.com/@NobodySpecialFinanceFollow Nobody Special on X(twitter): https://x.com/JG_Nuke
What this episode covers
A US court has found BNP Paribas liable for genocide committed by the Sudanese Govt over transactions carried out in violation of US Sanctions. Those losses stemming from this case will likely be in the billions. Elsewhere S&P has cut France's credit rating again after the French Prime Minister survived a no confidence vote only after abandoning a controversial plan to raise the retirement age.Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinanceSupport the Channel by Buying Me a Coffee https://www.buymeacoffee.com/nobodyspecialSubscribe to Nobody Special on YouTube: https://www.youtube.com/@NobodySpecialFinanceFollow Nobody Special on X(twitter): https://x.com/JG_Nuke
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BNP Paribas Tanks After Court Ruling, S&P Cuts French Credit Rating
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