Barclays plc (BCS: Quote,BARC.L) is losing ground in early trading on Thursday. This as regulators are seeking answers after the company announced a settlement over Libor manipulation.
The stock is down $1.78, or 14 percent, to $10.54.
On Wednesday, Barclays announced that it has agreed to pay 290 million pounds or $452 million to U.S. and UK regulators to settle allegations that the company's employees tried to manipulate key global benchmark interest rates.
Click here to receive FREE breaking news email alerts for Barclays PLC and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org