U.S. said probing Barclays Saudi license

U.S. Department of Justice (DoJ) is investigating whether Barclays made improper payments to win a license for an asset managment and investment banking business in Saudi Arabia in 2009, the Financial Times reports, adding to the investigations that the bank is facing. The investigation is being conducted under the U.S. Foreign Corrupt Practices Act, which gives the DoJ worldwide reach over any company, like Barclays, with links to the U.S. Barclays and the DoJ declined to comment.