Euronews is no longer accessible on Internet Explorer. This browser is not updated by Microsoft and does not support the last technical evolutions. We encourage you to use another browser, such as Edge, Safari, Google Chrome or Mozilla Firefox.

Barclays settles on toxic securities

Barclays settles on toxic securities
Euronews logo
Text size Aa Aa

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.