The FCA fined Barclays £ 26 million for mistreating customers in financial difficulty

The Financial Conduct Authority (FCA) has fined Barclays Bank and Clydesdale Financial Services Limited (Barclays) £ 26 million.

The bank received the fine for its failure to treat consumer credit customers who were in default or were experiencing financial difficulties.

Barclays has made amends for these customers, paying more than £ 273 million to at least 1,530,000 customer accounts since 2017. The reparation program is nearing completion.

The FCA took …

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