Justice Brings the Hammer Down on Barclays

Another European bank has found itself in hot water with the U.S. Justice Department. Barclays (NYSE: BCS) is the target of a new lawsuit brought by Justice, regarding the bank’s conduct in the years preceding last decade’s financial crisis. In the lawsuit, filed in federal court in New York, Justice accuses Barclays of fraud in the selling of mortgage-backed securities between 2005 and 2007. …read more

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Category: BCS, DB

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