Banks ready for more FX lawsuits amid mixed Q3 results

Barclays and RBS cite potential litigation or investigations

Sweet and sour: third-quarter results for Ficc

In the third quarter, UK banks made further preparations for future foreign exchange litigation at home and in the US and Canada. The additional provisions come amid mixed revenues for fixed income, commodities and currencies (Ficc) at European banks during that time.

British banks prepare   Barclays

Barclays boosted its FX litigation war chest during Q3 with an additional £290 million, set aside "as a result of an internal review relating to rates provided to certain customers on FX

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: