American regulators may penalize Barclays for breaching three-year-old Libor settlement, Bloomberg reported citing people familiar with the matter.
US prosecutors, however, might stop short of seeking a guilty plea, the publication claims.
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Penalty amount isn’t clear but it was nearly $60m as of a few weeks ago, the publication quoted one of the sources as saying.
Talks are still on and the terms and size of the penalty may change, the source added.
Official statement is expected to be made next week.
Barclays would be the second bank after UBS, which might plead guilty, to be penalized by the Justice Department for breaking Libor deal.
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