Red Kite, Barclays settle $850m lawsuit out of court

Copper fund Red Kite has settled its $850 million market manipulation lawsuit with Barclays out of court, the bank said in a statement today April 18.

"Legal proceedings between the Red Kite group as Claimants and Barclays Bank PLC as Defendant have been concluded on mutually acceptable...

Published

Perrine Faye

Archie Hunter

April 18, 2019

15:50 GMT

London