Barclays fined 26 million pounds over treatment of customers
Barclays has pro-actively redressed these customers, paying over 273 million pounds to at least 1.5 million customer accounts since 2017 in a redress programme that is close to completion
People queue at Barclays Bank in St Albans, as the spread of the coronavirus disease (COVID-19) continues, in St Albans, Britain, March 23, 2020/ Reuters
Britain's Financial Conduct Authority said on Tuesday it has fined Barclays 26 million pounds ($34.65 million) for failures in how the bank treated customers that fell into arrears.
Barclays has pro-actively redressed these customers, paying over 273 million pounds to at least 1.5 million customer accounts since 2017 in a redress programme that is close to completion, the FCA said in a statement.
($1 = 0.7504 pounds)
