"BNP Paribas Reaches Settlement for High-Risk Swiss Franc Mortgage Dispute"

BNP Paribas has agreed to settle with customers who took out mortgages denominated in Swiss francs, which became riskier due to currency fluctuations. The settlement aims to resolve disputes and potential litigation, providing a measure of relief to affected customers. The bank's move is part of a broader effort to address financial products that have caused significant customer losses and regulatory scrutiny.