UK bank Barclays fined £42m by watchdog over money-laundering checks

NAMPA / DPA
2025-07-16
London (PA Media/dpa) - The financial watchdog has fined British banking giant Barclays £42 million ($56.3 million) over its "poor handling" of money-laundering risks. The Financial Conduct Authority (FCA) said the fines related to separate failings linked to the WealthTek and Stunt & Co businesses. It fined Barclays Bank £39.3 million for "failing to adequately manage money-laundering risks" related to providing banking services to Stunt & Co, t......
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