Tag: Paul Menefee

• Monday, April 2nd 2018 - 08:45 UTC

  Barclays agrees to pay US$ 2bn to settle lawsuit for “misleading investors”

  

  Barclays has agreed to pay US$2bn to settle a lawsuit brought by the US government over the sale of mortgage-backed securities. The US alleged that the bank had misled investors about the quality of loans backing the securities in the run-up to the financial crisis.