Barclays agrees $115 mln ISDAfix settlement with CFTC

May 20, 2015 2:52 PM

48 0

LONDON May 20 Barclays was fined $115 million by the U.S. Commodity Futures Trading Commission on Wednesday to settle an investigation into the setting of the ISDAfix benchmark, in addition to a fine for currency market manipulation.

The British bank pleaded guilty to a U.S. criminal charge and was fined $2.4 billion by U.S. and British authorities on Wednesday for manipulating foreign exchange rates.

Also read: Princess Cruises to pay record-breaking criminal fine for ocean pollution

Read more

To category page

Loading...