Huge US fine 'another blow for Barclays'
US regulators have upheld a fine on Barclays and four of its traders of $453m (£300m) for allegedly manipulating electricity prices.
Barclays must pay £435m within 30 days, while one trader must pay $15m and three others $1m each.
Barclays must also forgo $34.9m in profits, which will be distributed to low-income aid programmes in Arizona, California, Oregon and Washington.
Barclays said it intended to "vigorously defend this matter".
The BBC's Michelle Fleury in New York said the fine was a blow for the bank's reputation following a number of other high-profile scandals.
17 Jul 2013
- From the section Business