Traders at Deutsche Bank AG, HSBC Holdings Plc, Societe Generale SA and Credit Agricole SA are under investigation for interest-rate manipulation in a global probe that led to a record fine for Barclays Plc last month, a person with knowledge of the matter said.
The Justice Department is expanding an Obama-era enforcement policy.
Future of the distribution rules is linked to the outcome of tax reform.
A transatlantic tie-up has been delayed as both firms weigh a tax bill that one consultant speculates could run into the "tens of millions."
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