After the results were released, Barclay's shares sank more than 5 per cent to 239p. Compare live Barclays exchange rates across the most popular world currencies. The bill, which took its legal and compensation costs to £2.3 billion in the first nine months of 2015, was revealed just 24 hours after new boss Jes Staley pledged to clean up the bank's reputation. "Setting aside another massive provision for scamming its customers does little to restore faith in Barclays' tarnished reputation." The Robin Hood Tax campaign, which is calling for taxes on banks, said: Although Barclays declined to comment, the Financial Conduct Authority said it was aware of the probem. Open your account in euros, US dollars, and 10 other currencies. We’re available from 8am to 6pm Monday to Friday, except Public Holidays. Barclays has set aside £290 million for foreign exchange compensation, bringing its legal bill to a staggering £2.3 billion in nine months.īarclays has found itself in the middle of another scandal after admitting that it expects to compensate customers to the tune of £290 million for the rates they were charged on currency exchange deals. Make and receive foreign payments with our foreign currency accounts.
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