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Transcripts For CNBC Worldwide Exchange 20140530

To buy the l. A. Clippers. And investors dont sell in may, european stocks are ending the month near their best levels in more than six years, boosted by another record close on wall street. Youre watching Worldwide Exchange, bringing you Business News from around the globe. Welcome to Worldwide Exchange again. Lets get to one of our top stories, straight away, shares in pnb paribas tumbling after a wall street journal reports that the french lender could be hit with a 10 billion fine over allegations it evaded u. S. Sanctions against a number of countries, including iran. In the last few minutes the bank of france says its following the case very closely. Stephan is in paris. This dwarfs the amount of provisions theyve made. My key concern is what this could mean for the operations in the u. S. Going forward potentially, too. First of all, lets put the numbers into perspective. Youre right, 10 billion, much higher than what bnp paribas reported as profit. Its already much higher than

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