29-04-2015 09:18 via theguardian.com

Barclays sets aside a further £1bn over forex rigging and PPI mis-selling

Move causes profits to fall 26% in first quarter and signals bank expects to face at least £2bn in fines and litigation over manipulation of foreign exchange marketsBarclays has been forced to set aside almost another £1bn as it braces for a fine for rigging foreign exchange markets and to prepares to pay more in compensation for mis-selling payment protection insurance.The charges – £800m for currency market manipulation and £150m for PPI – resulted in profits falling by
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