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23/09/2014
Barclays Fined £38m By FCA
The Financial Conduct Authority (FCA) has issued a fine of £38 million against Barclays Bank over a failure to keep its customers money separate to its own.
It is the second time the bank has been fined for similar issues, paying out £1.1 million in 2011.
The bank's investment arm is said to have put £16.5bn of clients' money at risk between November 2007 and January 2012, according to the FCA.
(MH/CD)
It is the second time the bank has been fined for similar issues, paying out £1.1 million in 2011.
The bank's investment arm is said to have put £16.5bn of clients' money at risk between November 2007 and January 2012, according to the FCA.
(MH/CD)
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