Tag: Barclays
EU fines 5 banks $1.2bn for foreign exchange rigging
Barclays, Citigroup, JP Morgan, MUFG and Royal Bank of Scotland were fined a combined 1.07 billion Euros (1.2 billion dollars) by the European Union on Thursday for rigging the multi-trillion dollar foreign exchange market. The ...
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Barclays reports third-quarter profit of £1.6bn as trading revenue grows
Barclays reported a profit before tax of 1.6 billion pounds (2.08 billion dollars) for the third quarter, as its under-pressure investment banking division booked increased trading revenues in spite of difficult market conditions. The bank ...
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