Abtak Logo

natwest News

Stay updated with the latest natwest news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on natwest topics.

Unknown Source - Business - News Image
source image
25
BusinessJul 18, 2025 04:50 AM

UK fines Barclays $56 million for lapses in financial crime control

Barclays faced a hefty fine from Britain's financial regulator. The penalty is due to lapses in evaluating money laundering risks. These lapses occurred while serving Stunt & Co and WealthTek. Stunt & Co was linked to a major money laundering operation. Barclays did not gather enough information. The bank also failed to properly vet Stunt & Co. Britain's financial regulator fined Barclays 42 million pounds ($56.31 million) on Wednesday for failing to evaluate money laundering risks while provid ...Read More >

Stay updated with the latest None news, articles, and insights from trusted sources. Explore in-depth coverage and expert analysis on None topics.