Barclays fined by watchdog

British bank Barclays has been fined £2.45m (€2.8m) by the City watchdog for “serious weaknesses” in transaction reporting at its investment banking arm, it was announced today.

Barclays fined by watchdog
Tue, 08 Sep, 2009 - 12:50

British bank Barclays has been fined £2.45m (€2.8m) by the City watchdog for “serious weaknesses” in transaction reporting at its investment banking arm, it was announced today.

The fine marks the eighth largest ever imposed by the Financial Services Authority (FSA).

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CourtsBusinessHeathrowOrganisation: BarclaysOrganisation: City watchdogOrganisation: Financial Services AuthorityOrganisation: FSA
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