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A U.S. judge said Thursday he would likely vacate the guilty pleas of four men accused of engaging in an insider trading scheme ahead of an IBM Corp deal, as fallout continued from an appellate ruling curtailing authorities' abilities to pursue such cases.

U.S. regulators have declared insurer MetLife Inc so big that its failure could destabilize financial markets, a designation that brings extra regulation.

The judge overseeing New York state's lawsuit accusing Barclays of fraud in its alternative trading system on Thursday raised questions about the case, putting the attorney general's counsel on the defensive.