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UBS Said Set for Currency Plea as U.S. Wants Deals on Wednesday

AUBS AG bank branch in Zurich, Switzerland.

AUBS AG bank branch in Zurich, Switzerland.

Photographer: Gianluca Colla/Bloomberg

The U.S. Justice Department is pressing to reach currency-rigging settlements on Wednesday that will include guilty pleas from five banks -- one more than previously reported -- according to two people with knowledge of the situation.

The fifth bank is Zurich-based UBS Group AG, one of the people said, asking not to be identified because the matter hasn’t been made public. The other four -- Citigroup Inc., JPMorgan Chase & Co., Barclays Plc and Royal Bank of Scotland Group Plc -- will plead guilty to antitrust charges, people familiar with the matter have previously said.