Barclays fined over gold fixing

UK regulator the Financial Conduct Authority fines Barclays £26 million for failings related to the London gold fix

The Financial Conduct Authority on Friday fined Barclays £26 million for failings related to the London gold fix.

The FCA said the bank failed to adequately manage conflicts of interest between itself and its customers, and had systems and controls failings. It said the failures continued from 2004 to 2013.

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110-Hour Workweeks Drove Young Bankers at a Boutique Firm to the Brink