Monday, May 25, 2026

BNP just dropped out of nowhere, subprime fund freeze rumors are flying, and traders are panicking โ€“ Citizen Watch Report

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Shares in BNP Paribas fell to a six-month low on Monday after the French bank lost a case linked to its alleged role in giving the Sudanese government access to international money markets during the Darfur genocide roughly two decades ago.

A New York federal jury on Friday found the French lender liable to pay $20.75 million in civil damages to three Sudanese plaintiffs in a class action lawsuit brought on behalf of refugees who fled violence and persecution and testified about human rights abuses under former President Omar al-Bashir.

They alleged that BNP Paribas facilitated transactions for the Sudanese government between 2002 and 2008, enabling the regimeโ€™s campaign of ethnic cleansing, displacement and mass killing, according to their lawyers.

BNP Paribas said Monday that it intends to fight the case.

https://www.morningstar.com/news/dow-jones/202510203059/bnp-paribas-shares-drop-after-us-verdict-over-alleged-role-in-sudan



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