A report from the UK 's Financial Services Authority concluded the rate-fixing scandal was of the `` utmost seriousness . '' Barclays says it is `` truly sorry for what has happened and that you have been let down '' we are working with the authorities to ensure this does not happen again. The bank has been rocked by a rate-rigging scandal that has forced out top executives . Barclays was fined $ 450 million last month by British and U.S. regulators .
Barclays says it is `` truly sorry for what has happened and that you have been let down '' we are working with the authorities to ensure this does not happen again. The bank has been rocked by a rate-rigging scandal that has forced out top executives . Barclays was fined $ 450 million last month by British and U.S. regulators .