Sweet Sweetback Baadasss Quattrone could be B-a-a-a-c-k!

Former star investment banker Frank Quattrone could be returning to Wall Street after successfully fighting a lifetime ban, newspaper reports say on Saturday.

Quattrone, who has been tried twice on charges of obstruction of justice, has reached a tentative deal with prosecutors that would enable him to avoid a third trial and, more importantly, let him resume his career in finance interrupted three years ago, the reports said.

Quattrone reached a tentative agreement with the U.S. Attorney's office that could be approved by a federal judge on Tuesday, the Wall Street Journal and New York Times reported on Saturday.

The Times said the deal does not require Quattrone to admit any wrongdoing. The agreement is expected to be presented to U.S. District Judge George B. Daniels for his approval at a hearing on Tuesday.

Speculation in Silicon Valley has Quattrone ready to start a boutique advisory and private equity firm focused on technology companies, the Times reported.

The Times said Heather Tasker, a spokeswoman for the U.S. Attorney's Office for the Southern District of New York, declined comment on the reports.

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