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.
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by RTT Staff Writer
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