Barclays Bank Plc has agreed to pay nearly $300 million to settle criminal charges that it violated U.S. sanctions in dealings with Cuba, Iran, Libya, Sudan and Myanmar, according to U.S. court documents filed Monday.

The London-based bank was charged with violating the International Emergency Economic Powers Act and the Trading with the Enemy Act in its dealings that involved $500 million from 1995 until September 2006, according to the documents. Get the full story »