Fed Ends '10 Enforcement Action Against Barclays

By Jon Hill (May 16, 2018, 3:25 AM BST) -- The Federal Reserve said Tuesday that it has terminated a nearly eight-year-old enforcement action brought against Barclays Bank PLC after the bank agreed in 2010 to pay $298 million to U.S. and New York authorities to settle criminal charges stemming from transactions it allegedly facilitated for banks in Cuba, Iran and other countries in violation of U.S. sanctions....

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