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Barclays PLC (BARC)

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Wednesday 12 November, 2014

Barclays PLC

Foreign Exchange Settlement Announcement

RNS Number : 7991W
Barclays PLC
12 November 2014
 



 

12 November 2014

 

Barclays PLC

 

Barclays Statement in Response to Foreign Exchange Settlement Announcement 

 

Barclays has engaged constructively with its regulators, including the UK Financial Conduct Authority (FCA), and the US Commodity Futures Trading Commission (CFTC), in this round of settlement discussions, and has considered a settlement from these agencies on closely similar terms to those announced this morning.

However, after discussions with other regulators and authorities, we have concluded that it is in the interests of the company to seek a more general coordinated settlement.

We will continue to engage with these authorities, including the FCA and CFTC, with the objective of bringing this to resolution in due course.


 

- Ends -

 

For further information, please contact:

 

Investor Relations                                                                Media Relations  

Charlie Rozes                                                                        Giles Croot

+44 (0) 20 7116 5752                                                           +44 (0) 20 7116 6132

 

 

 

About Barclays

 

Barclays is an international financial services provider engaged in personal banking, credit cards, corporate and investment banking and wealth management with an extensive presence in Europe, the Americas, Africa and Asia. Barclays' purpose is to help people achieve their ambitions - in the right way.

 

With over 300 years of history and expertise in banking, Barclays operates in over 50 countries and employs approximately 135,000 people. Barclays moves, lends, invests and protects money for customers and clients worldwide.

 

For further information about Barclays, please visit our website www.barclays.com.

 

 

INFORMATION REGARDING FORWARD-LOOKING STATEMENTS

 

This document may contain forward-looking statements that are based on current expectations or beliefs, as well as assumptions about future events. Generally, the words ''will'', ''may'', ''should'', ''continue'', ''believes'', ''expects'', ''intends'', ''anticipates'', "plans" or similar expressions that are predictive or indicative of future events identify forward-looking statements. These statements are based on the current expectations of management and are naturally subject to risks, uncertainties and changes in circumstances. Undue reliance should not be placed on any such statements because, by their very nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors, many of which are outside the control of Barclays and its Directors, that could cause actual results, and management's plans and objectives, to differ materially from those expressed or implied in the forward-looking statements. As such, forward-looking statements are no guarantee of future performance.

 

There are several factors which could cause actual results to differ materially from those expressed or implied in forward-looking statements. Among the factors that could cause actual results to differ materially from those described in the forward-looking statements are changes in the global, political, economic, business, competitive, market and regulatory environment, future exchange and interest rates, changes in tax rates and future business combinations or dispositions.

 

Readers are cautioned not to place undue reliance on these forward-looking statements which speak only as at the date of this document. Barclays does not undertake any obligation (except as required by requirements of the UK Listing Authority or any other legal or regulatory requirement) to revise or update any forward-looking statement contained in this document, regardless of whether that statement is affected as a result of new information, future events or otherwise.

 

No statement in this document is intended as a profit forecast and no statement in this document should be interpreted to mean that the earnings per Share for the current or future years would necessarily match or exceed the historical published earnings per Share.

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
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