Barclays reports Q3 loss under new CEO

Published October 31, 2012 10:50am ET



LONDON (AP) — British bank Barclays PLC reported a net loss of 200 million pounds ($322 million) in the third quarter Wednesday as it wrote down the value of its own debt and set aside 700 million pounds to compensate customers in the payment protection insurance scandal.

The bank also disclosed it was facing two investigations in the United States regarding possible violations of the Foreign Corrupt Practices Act and its power-trading activities.

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