Rumbling on: Barclays sets aside £800m to cover foreign exchange penalties as Deutsche profits hit by legal costs

Rumbling on: Barclays sets aside £800m to cover foreign exchange penalties as Deutsche profits hit by legal costs

Despite the spate of large scale settlements banks continue to set aside large provisions for legal spend with the latest, Barclays, setting aside £800m for investigations and litigation primarily relating to foreign exchange manipulation while Deutsche Bank put aside €1.5bn in the first quarter of 2015.

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