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Barclays settles on toxic securities

Barclays settles on toxic securities
By Euronews
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€1.6 billion payout seen as good result for the bank


Barclays is pay €1.6 billion to settle claims from investors who bought toxic mortgage-backed securities in the run-up to the 2007 financial crisis, the US Justice Department has said.

The settlement is below market expectations and analysts says it's a good result for the bank.

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