U.S. May Revoke Settlement Agreements in Currency-Rigging Probes

``The Justice Department is weighing whether evidence of wrongdoing in currency trading means banks violated old deals resolving probes into the rigging of benchmark interest rates, said two people, who asked not to be identified because final decisions haven't been made... The Justice Department "now understands that these deferred-prosecution agreements don't always work and there have to be serious consequences if companies don't take them seriously," said Brandon Garrett, a law professor at the University of Virginia who has studied the agreements. "I think DOJ understandably is frustrated and thinks enough is enough."''