1. Barclays Buyback on the Ropes After Trading Blunder

    Barclays Buyback on the Ropes After Trading Blunder

    LONDON (Reuters) -Barclays has put its $1.25 billion share buyback plan on hold until talks with U.S. regulators over a major trading blunder have been resolved, piling early pressure on the British bank's new Chief Executive C.S. Venkatakrishnan. Barclays disclosed on March 28 that it had exceeded a U.S. limit on sales of structured products, triggering a loss and a potential restatement of its 2021 accounts...

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