"It would not be tolerable that banks allow fraud, tax evasion or money-laundering," he said in statement. Le Monde newspaper widened the list of French banks under the tax haven spotlight in an article on Wednesday to include BNP Paribas (>> BNP PARIBAS), Credit Agricole (>> CREDIT AGRICOLE) and Credit Mutuel. The statement mentioned that Sapin was to meet two unspecified banks. (Reporting by Leigh Thomas; Editing by Maya Nikolaeva)
The heads of French banks , including BNP Paribas and Credit ##or , are to meet with the Finance Minister Michel Sapin to explain allegations in the media that the banks set up offshore companies for clients in response to the Panama papers scandal .