HOTLINE: Barclays' former gold trader fined £96,000

The Financial Conduct Authority fined Barclays £26 million and its former gold trader Daniel Plunkett £95,600 after it said Plunkett had sought to influence June 28 2012’s gold fix.

Barclays was hit with the fine “for failing to adequately manage conflicts of interest between itself and its customers as well as systems and controls failings” in relation to the...


May 29, 2014

13:51 GMT