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BNP Paribas SA fell the most in 15 months in Paris trading after a person familiar with the matter said U.S. authorities are seeking more than $10 billion to settle federal and state investigations into dealings with sanctioned countries including Sudan and Iran.

The shares declined as much as 6.1%, the largest drop since February 2013, and were 5.3% lower at 49.85 euros by 11:41 a.m. in Paris. BNP Paribas, the largest French bank, has fallen 12% this year, compared with a 3.5% increase in the Bloomberg Europe Banks and Financial Services Index.

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A final deal between BNP and the U.S. is probably weeks away, said the person, who asked not to be identified because the talks aren’t public. The amount to settle has escalated: the bank said in April that it might need to pay far more than the $1.1 billion it had already set aside for the case. Prosecutors are also pressuring the company to plead guilty to moving funds for clients in violation of sanctions against Sudan, Iran and Cuba, people familiar with the matter have said.