A law enforcement offical said an announcement on the settlement could happen as early as Tuesday, according to the Associated Press.
The UK-based bank allegedly helped launder money from drug cartels and on behalf of nations under international sanctions.
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Justin Bieber's world tours will in future feature one less stop after the singer was banned from performing in China.
Baroness Hale, 72, has campaigned for greater diversity in the judiciary in a varied career as an academic lawyer, law reformer and judge.