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BARCLAYS PLC BARCLAYS BANK PLC Barclays announces settlement with New York State Department of Financial Services regarding foreign exchange electronic tradingBarclays Bank PLC has today reached a settlement with the New York State Department of Financial Services ('DFS') in respect of its investigation into Barclays' electronic trading of foreign exchange ('FX') and FX electronic trading systems in the period 2009 to 2014. The DFS is imposing a civil monetary penalty of $US150 million on Barclays Bank PLC, primarily for certain internal systems and controls failures.
The civil penalty payable under the settlement will be reflected in Barclays' Q4 2015 results.
Barclays continues to co-operate with other ongoing investigations and to manage related litigation risks as previously disclosed.
For further information please contact:
Investor Relations Media Relations
Kathryn McLeland Tom Hoskin
+44 (0) 20 7116 4943 +44 (0) 20 7116 6927
With 325 years of history and expertise in banking, Barclays operates in over 50 countries and employs over 130,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
For further information about Barclays, please visit our websitewww.home.barclays
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