Barclays bank fined £42m by financial watchdog for handling money laundering poorly
Barclays Bank has been hit with a heavy fine of £42.4 million by the UK’s financial regulator for not properly handling the risk of money laundering in two different situations linked to WealthTek and Stunt & Co. Out of the total fine, £39.3 million was for Barclays’ failure to manage risks when dealing with Stunt […]