Barclays to Repay Swaps Customers as RBS, Lloyds Join Settlement

Barclays to Repay Swaps Customers as RBS, Lloyds Join Settlement

Simon Dawson/Bloomberg

Barclays was fined $451 million this week by the FSA, the U.S. Justice Department and the U.S. Commodity Futures Trading Commission after admitting it submitted false London and euro interbank offered rates to benefit its derivatives trades.