- Credit Suisse (CS -2.2%) has a tentative agreement to settle allegations of "dark pool" wrongdoing for around $85M, The Wall Street Journal is reporting. The deal's not final but could be announced by the end of the month.
- All told the bank is expected to pay $30M in fines to New York State and $55M in fines and returned funds to the SEC, tied to alleged shenanigans in its private trading zone.
- Barclays is also negotiating with New York and the SEC to settle allegations tied to its own dark pool. Regulator attention to the area has been on the rise.