France's biggest bank BNP Paribas is expected to pay a record nine billion dollar or six point five billion euro fine over alleged sanctions breaches following an out-of-court deal.
The US Justice Department could also ban some some divisions of the bank from trading.
It is expected to plead guilty to a criminal charge in New York's Manhattan Federal Court on Monday.
BNP has been accused of not respecting a United States embargo on financial transactions with Iran, South Sudan and Cuba between 2002 and 2009.
The fine would be the largest penalty ever paid by a European bank for violations of sanctions imposed by the Office of Foreign Assets Control.
France has asked that the fine to be "fair".
Source: EuroNews
