Barclays $2 billion fraud fine resolves major U.S. legal issue

LONDON/WASHINGTON (Reuters) - Barclays will pay $2 billion (1.42 billion pounds) to settle claims for billions of dollars of losses suffered by investors who bought toxic mortgage-backed securities in the run-up to the 2007 financial crisis, the U.S. Justice Department said on Thursday.

from Reuters: Top News http://uk.reuters.com/article/uk-barclays-mortgages-fine/barclays-2-billion-fraud-fine-resolves-major-u-s-legal-issue-idUKKBN1H51WS?feedType=RSS&feedName=topNews