Banking giant BNP Paribas has agreed to pay £5.2 billion for evading US sanctions on Iran, Cuba and Sudan.
The French company pleaded guilty in New York state court to one count of conspiracy as well as producing false business records.
BNP Paribas were accused of transferring billions of dollars on behalf of clients in countries blacklisted by the US.
One of the prosecutors said BNP engaged in a "long-term, multi-jurisdictional conspiracy" to breach laws in deals involving Sudan, Cuba, and Iran.
More top news
Tom Bradby will play host to the leaders of the three main parties, as well as the biggest names from the worlds of arts and culture.
One of the greatest sporting events on earth gets underway this week as the Ryder Cup heads to Scotland, here's everything you need to know
A toddler was in need of an unusual rescue after she got a kettle stuck on her head while playing at home in Chile.