Loans and Finance

Loans and Finance

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News and information about loans, money, debt, finance and business issues.

Tuesday, September 23, 2014

Barclays Fined For Co-mingling

Barclays, the bank that likes to stay in the headlines, is to be fined £38M for breaching City rules requiring clients’ funds to be kept separate from its own assets (ie it was co-mingling).

The size of the fine is but small change for the bank, and does not inflict any pain on it whatsoever!

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