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Barclays takes £750m charge in Q4

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Barclays took a £750 million (S$1.57 billion) charge in the fourth quarter as it prepares to settle allegations that its traders manipulated foreign exchange markets, overshadowing the bank's efforts to slash costs and boost profits.

London

BARCLAYS took a £750 million (S$1.57 billion) charge in the fourth quarter as it prepares to settle allegations that its traders manipulated foreign exchange markets, overshadowing the bank's efforts to slash costs and boost profits.

Past conduct problems continue to dog

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