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JPMorgan Chase & Co. Message Board

  • flashcrashcoming flashcrashcoming Oct 31, 2012 8:52 AM Flag

    Barclays says subject of new regulatory probes....next JPM???

     

    Barclays says subject of new regulatory probes

    Barclays had more PPI claims than it had expected
    Continue reading the main story
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    UK bank Barclays has announced that it is the subject of two new regulatory probes, soon after a series of scandals that have dented its reputation.

    US authorities are looking at whether the way that Barclays won business complied with the Foreign Corrupt Practices Act.

    The bank disclosed the probes as it reported a pre-tax statutory loss of £47m for the third quarter, down from a £2.4bn profit last year.

    Shares in the bank fell 4%.

    Sentiment: Strong Sell

    This topic is deleted.
 
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