12 November 2014
Barclays PLC
Barclays Statement in Response to Foreign Exchange Settlement Announcement
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Barclays has engaged constructively with its regulators, including the UK Financial Conduct Authority (FCA), and the US Commodity Futures Trading Commission (CFTC), in this round of settlement discussions, and has considered a settlement from these agencies on closely similar terms to those announced this morning.
However, after discussions with other regulators and authorities, we have concluded that it is in the interests of the company to seek a more general coordinated settlement.
We will continue to engage with these authorities, including the FCA and CFTC, with the objective of bringing this to resolution in due course.
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For further information, please contact:
Investor Relations Media Relations
Charlie Rozes Giles Croot
+44 (0) 20 7116 5752 +44 (0) 20 7116 6132
About Barclays
Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays' purpose is to help people achieve their ambitions - in the right way.
With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 135,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.
For further information about Barclays, please visit our website www.barclays.com.
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