Barclays Plc and the U.S. Justice Department missed a deadline for filing reports on the bank’s cooperation with the government under a deferred-prosecution agreement over its dealings with nations including Iran.
Barclays Plc and the U.S. Justice Department were ordered by a federal judge to explain how the bank’s settlement of allegations involving its manipulation of Libor should effect a 2010 deferred prosecution agreement.
BP Plc’s former head of commodities trading Quek Chin Thean and three other ex-employees countersued the oil company after being accused of misusing confidential information and helping BP’s rival set up a competing business.
Barclays Plc’s deferred prosecution for improper dealings with sanctioned countries ended after the judge overseeing the U.S. case weighed whether the bank’s admissions in a probe involving manipulation of the London interbank offered rate should affect the deal.
California and New York, along with Florida, agreed to join more than 40 other states in a nationwide settlement 16 months in the making that seeks to end abusive bank foreclosure practices that followed the collapse of the housing bubble, a person familiar with the matter said.
Robert Moffat, the former International Business Machines Corp. executive who pleaded guilty in the Galleon Group LLC insider-trading scheme, said accused tipster Danielle Chiesi “played him” to obtain tips.