Barclays is targeted in U.S. securities-fraud lawsuit

06/26/2014 | Reuters

Barclays is the target of a securities-fraud lawsuit filed by the New York state attorney general. At issue are alleged advantages provided to high-frequency traders through the U.K. bank's "dark pool" alternative trading system. News of the suit ignited fears that similar action may in time be taken against other major European banks, including Credit Suisse, Deutsche Bank and UBS.

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