JPMorgan Chase has raised to almost $6bn (£3.8bn) the sum it has set aside to cover legal proceedings as the US Justice Department investigates its foreign-exchange business.
It announced the probe in a regulatory filing on Monday night and said it focused on its spot foreign-exchange trading activities and controls.
The largest bank in the US said it was cooperating with the investigations and was in talks with the justice department and civil enforcement authorities, but that there was "no assurance that such discussions will result in settlements."
Allegations that foreign exchange markets were manipulated have resulted in a focus on whether traders colluded via online chatrooms to set rates.
Some 40% of world's foreign exchange trading is done in London.
The Serious Fraud Office and Financial Conduct Authority (FCA) are among world bodies also conducting rigging investigations.
A range of individuals and banks are the subject of the inquiries.
Earlier this year, the FCA's chief executive Martin Wheatley said the allegations were "every bit as bad as they have been with Libor."
Royal Bank of Scotland, Barclays and HSBC collectively set aside more than £1bn in their latest financial statement to cover the foreign exchange allegations.
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