Barclays was fined 1.1 million pounds in January 2011 for failing to segregate customer money over a period of eight years and the Financial Reporting Council opened a probe into the bank's auditor PwC at the end of 2011.
The current share price fall in Barclays plc (LON:BARC) and Lloyds Banking Group plc (LON:LLOY) is a buying opportunity. I have long said that financials have been one of the contrarian opportunities of the moment.
LONDON--Barclays PLC (BARC.LN) Wednesday priced a further issue of 1 billion euros ($1.36 billion) in 8.0% Additional Tier 1 Securities as part of its plan to raise up to 2 billion pounds ($3.26 billion), announced under its leverage plan on July 30 ...
Dec 4 (peHUB) - A new firm formed by former distressed debt executives from Barclays is preparing to hit the fundraising trail in search of about $1 billion, according to two people with knowledge of the situation.