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Global

Citigroup says could plead guilty to settle FX probe


    NEW YORK (Reuters) - Citigroup Inc said it could plead guilty to an antitrust charge to resolve a U.S. Department of Justice investigation of its dealings in foreign exchange markets.

    In a regulatory filing on Monday, the company also said the Justice Department has advised it does not intend to prosecute the bank in a separate investigation of the setting of interest rates between banks.

    CITIGROUP (C.NY)also left its estimate of potential unreserved litigation costs unchanged from year-end at $4 billion.

    (Reporting by David Henry in New York; Editing by Jeffrey Benkoe)