Barclays to Refund $97.1 Million in Advisory Client Overcharges

Barclays to Refund $97.1 Million in Advisory Client Overcharges

On May 10, Barclays Capital settled with the Securities and Exchange Commission on charges that it had overcharged clients by nearly $50 million and overcharged clients because of accounting errors. Although Barclays agreed to the settlement, it did not admit or deny...