As Currency Settlement Draws Near, Barclays Is Said to Get Cold Feet

As Currency Settlement Draws Near, Barclays Is Said to Get Cold Feet

Updated, 8:14 p.m. | On the eve of a multibillion-dollar settlement with six giant banks suspected of manipulating the foreign currency market, regulators in Washington and Britain have encountered a last-second complication: One of the banks may drop out of the deal.

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Banks face billions in forex penalties
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Treasury awaits record bank fines windfall over forex rigging
Six banks including Barclays, HSBC and RBS thought to be facing fines of up to £250m each by City regulator
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