Barclays plc (BCS,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.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.