Barclays takes 750 million-pound charge as forex settlement looms

Barclays takes 750 million-pound charge as forex settlement looms, Barclays (BARC.L) took a 750 million pound charge in the fourth quarter as it prepares to settle allegations its traders manipulated foreign exchange markets, overshadowing the bank's efforts to slash costs and boost profits.

Past conduct problems continue to dog Barclays Chief Executive Antony Jenkins, but despite the burgeoning budget for litigation he accepted his first bonus since taking charge three years ago, helping to boost his total pay to 5.5 million pounds from 1.6 million in 2013...Read More