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US seeks guilty pleas from four banks in currency antitrust probe

Separate criminal fraud probes are also in works

US seeks guilty pleas from four banks in currency antitrust probe

The Justice Department plans to try and force four major banks to plead guilty to criminal antitrust charges for alleged collusion by traders in foreign currency markets, people familiar with the discussions said.

Justice Department officials are growing more certain they have evidence to support criminal charges of collusive conduct among employees of Barclays, Citigroup, JP Morgan, and Royal Bank of Scotland, these people said.

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