James Cole, deputy U.S. attorney general, Cyrus Vance Jr., Manhattan district attorney, Leslie Caldwell, assistant attorney general for the criminal division, and Preet Bharara, U.S. attorney for the Southern District of New York, hold a news conference on BNP Paribas SA at the Department of Justice in Washington, D.C., U.S., on Monday, June 30, 2014. BNP Paribas SA, France's largest bank, pleaded guilty and agreed to pay a record $8.9 billion for violating U.S. sanctions in a case that has spanned several years and reached the highest echelons of French and American diplomacy. Photographer: Andrew Harrer/Bloomberg via Getty Images