Barclays Agrees to Settle RMBS Securities Claims for $325 Million

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Barclays Agrees to Settle RMBS Securities Claims for $325 Million

Barclays agreed to pay $325 million to settle the civil lawsuits filed by the National Credit Union Administration (NCUA). The British bank did not admit any wrongdoing in the settlement.

According to the British bank, the lawsuits were part of the residential mortgage-backed securities (RMBS) claims, which were disclosed in its 2015 interim results.

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