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Barclays faces $1.5bn legal bill in America
Barclays is facing a spiralling bill from lawsuits and investigations in the US which analysts warn could blow its march to recovery wildly off course. Shares soared to a two-year high yesterday as chief executive Antony Jenkins outlined his vision for the future in the refined surroundings of the Royal Horticultural Hall in London.But buried in its 103-page annual results document, the scandal-hit lender revealed it faces a $1.5bn bill if it loses a legal battle over the sale of toxic mortgage backed securities in the US......Read more hereYou must be logged in to post a comment.
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