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The U.K. banking giant and the U.S. Department of Justice have come to an agreement over civil actions related to RMBS instruments issued before the Great Recession.
The United States Department of Justice (DoJ) reports an agreement with Barclays Capital, Inc. and several of its affiliates, under which Barclays will pay $2 billion, to settle a civil action filed originally in December 2016. Under the terms of the agreement, the DoJ will dismiss the original civil action, which “sought civil penalties for...
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