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Barclays fined £284,432,000 for FX manipulation

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The Financial Conduct Authority (FCA) has imposed a financial penalty of £284,432,000 on Barclays Bank Plc (Barclays) for failing to control business practices in its foreign exchange (FX) business in London.  This is the largest financial penalty ever imposed by the FCA, or its predecessor the Financial Services Authority (FSA)….

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