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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Leicester City's unlikely Premier League success features on the front pages of many of Tuesday's national newspapers.
Baywatch actor David Hasselhoff has got engaged to his Welsh girlfriend Hayley Roberts.
Leicester City players have been celebrating their Premier League title after Spurs drew with Chelsea on Monday night.