Swiss bank set to pay $79M in FIFA corruption settlements

ZURICH (AP) — A Swiss bank implicated in FIFA corruption investigations says it has agreed to a settlement in principle with the U.S. Department of Justice and set aside $79.7 million to pay expected fines. Zurich-based Julius Baer says the agreement sees the bank “entering into a three-year deferred prosecution agreement.” Financial settlements will be charged against the bank’s accounts for 2020. The bank has cooperated with American authorities since 2015 when a sprawl