Barclays PLC Fined $62M For Putting Clients’ Assets At Risk – ValueWalk Premium
Barclays recent penalties

Barclays PLC Fined $62M For Putting Clients’ Assets At Risk

Barclays PLC (NYSE:BCS) (LON:BARC) has been fined a record $63 million (£38 million) by a British regulator for failing to properly safeguard client assets at its investment bank. Barclays, however, said it didn’t profit from the issue and no customers lost out.
Barclays' weakness in systems and controls

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