BNP Paribas, France's biggest bank, said on Wednesday there was a risk that a fine for violating U.S. sanctions could be significantly higher than the $1.1 billion euros it has provisioned for. Chief Executive Laurent Bonnafe, speaking at a shareholders meeting, did not say how much BNP expects to have to pay, but people familiar with the matter told Reuters earlier this week that BNP is in talks with U.S. authorities to pay more than $3 billion to resolve probes into whether the bank violated U.S. sanctions on Iran, Sudan and other countries.

http://www.reuters.com/article/2014/05/14/us-bnp-paribas-agm-idUSBREA4D0HL20140514?feedType=RSS&feedName=businessNews