Banking giant HSBC has set aside almost £250m as it prepares itself to be hit with fines over alleged foreign exchange manipulation.
It said it has made a $378m (£236m) provision for potential penalties following an investigation by Britain's Financial Conduct Authority (FCA).
"Discussions are ongoing with the FCA regarding a proposed resolution of their foreign exchange investigation with respect to HSBC Bank plc's systems and controls relating to one part of its spot FX trading business in London," it confirmed.
"Although there can be no certainty that a resolution will be agreed, if one is reached, the resolution is likely to involve the payment of a significant financial penalty.
"We continue to cooperate fully with regulatory and law enforcement authorities in the UK and other jurisdictions."
HSBC, Royal Bank of Scotland and Barclays have now set aside a combined figure of more than £1.1bn for potential FCA fines over currency-rigging claims.
US investigators are also likely to hit HSBC, Europe's biggest banking group, with settlement charges, but it has not chosen to quantify those possible penalties.
In addition to the currency trading woes, HSBC also said it was setting aside around £370m for potential additional payment protection insurance (PPI) mis-selling in the UK.
It has also agreed a $550m (£340m) settlement with the US Federal House Finance Agency.
The bank also confirmed it had been summoned to appear before French magistrates over whether its Swiss private bank had helped French citizens to evade tax.
Early last month, Sky News city editor Mark Kleinman revealed two key directors were quitting over tough new regulations that could see directors jailed over failed banks.
The news about the potential penalties comes as the bank released its results for the three months to the end of September.
Although total revenues were flat at $15.57bn (£9.7bn), adjusted pre-tax profit fell 12% to $4.4bn (£2.75bn) on the back of impairment charges that reached almost $1.7bn (£1bn).
Statutory pre-tax profit rose by just 2% on the 2013 figure, far below analysts' expectation of around 16%.
Shares were down in early trading before recovering.
Net profit for the period rose 7% to $3.43bn (£2.1bn), compared to the same period last year.
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