Barclays fined
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.BARCLAYS BANK, the high street clearer, still reeling from the Russian bond and Long-Term Capital Management hedge fund crises, was yesterday fined pounds 60,000 by the London Metals Exchange for rulebook violations in the past two years.
Offshoot Barclays Capital, one of 14 so-called ring dealing members on the exchange, is not contesting the charges, which relate to failures to input trades correctly. It insists that prompt remedial action was taken after the problems were discovered by the exchange in April.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments