BNP (BNP) Paribas SA, seeking to settle claims it violated U.S. sanctions, is close to an agreement with New York state’s top banking regulator that would curtail some of its dollar-clearing operations for as long as a year, according to a person familiar with the matter. . .

http://www.bloomberg.com/news/2014-06-26/bnp-said-to-face-dollar-clearing-curb-under-settlement.html