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Obama deflects French bank plea

Posted: June 6, 2014 at 2:55 a.m.

A customer uses an ATM at a branch of BNP Paribas SA bank in Jouars-Pontchartrain, France, in this February photo. The bank says it faces fines of more than the $1.1 billion it set aside in response to a U.S. investigation of its currency transactions.

President Barack Obama deflected France's appeal Thursday to intervene over a potential multibillion-dollar U.S. fine against the country's largest bank.

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