Violation Tracker Individual Record

Company: 
Barclays
Current Parent Company: 
Barclays
Penalty: 
$400,000,000
Year: 
2015
Date: 
May 20, 2015
Primary Offense: 
interest rate benchmark manipulation
Violation Description: 

The U.S. Commodity Futures Trading Commission issued an Order filing and settling charges against Barclays Bank PLC for attempted manipulation, false reporting, and aiding and abetting other banks' attempts to manipulate, global foreign exchange (FX) benchmark rates to benefit the positions of certain traders.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Commodity Futures Trading Commission
Civil or Criminal Case: 
civil
HQ Country of Parent: 
Britain
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.