Barclays Deferred Prosecution, EU Meeting, BofA: Compliance

Barclays Plc’s deferred prosecution for improper dealings with sanctioned countries ended after the judge overseeing the U.S. case weighed whether the bank’s admissions in a probe involving manipulation of the London interbank offered rate should affect the deal.

U.S. District Judge Emmet Sullivan, in a decision made public yesterday, granted a request by the U.S. Justice Department to dismiss the criminal charges pending under the agreement in Washington since 2010. His one-page order offers no explanation.