Barclays adds £1bn to mis-selling bill

February 5th, 2013

FAKE NEWS for the Zionist agenda

Financial Times – Barclays increased the amount of money it must set aside to cover mis-sold financial products to consumers and business by more than £1 billion ($1.57 billion), greatly increasing expected legal payouts for the British banking sector. The bank said on Tuesday that it was doubling the money set aside for redress on the mis-sale of interest-rate hedges to £850m. It is also to increase the pool of money to pay off those who were sold payment protection insurance by a further £600m. The additional provisions mean Barclays now expects a total bill of more than £3.4bn related to the mis-sale of consumer products. Read Article

Source Article from http://openyoureyesnews.com/2013/02/06/barclays-adds-1bn-to-mis-selling-bill/

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