Barclays is set to pay another £65.7 million ($100 million) to settle allegations that it manipulated foreign exchange markets. Earlier this month the British bank paid $120 million to the New York Department of Financial Services for its involvement in the Libor scandal, said reports.
A Financial Times article recently pointed out that Barclays’ cost for conduct issues have increased to more than £12 billion, according to a report by CPP Research Foundation, which was released earlier this year. This case, however, is just one of the many ongoing cases for Barclays.
