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Banks eye deal in UK over Libor, forex fix

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LARGE American and European banks are nearing settlement deals with British regulators over rigging interest rates and manipulating the foreign exchange market, according to sources - PHOTO: REUTERS

New York

LARGE American and European banks are nearing settlement deals with British regulators over rigging interest rates and manipulating the foreign exchange market, according to sources.

The overall settlement for charges of illegally manipulating the London Interbank Offered