Business
A fraud lawsuit against Barclays in the United States has been filed by the New York attorney general. The lawsuit alleges the bank falsified documents and misrepresented benefits it was offering to big institutional clients, including pension funds. It relates to the bank's "dark pool" trading operations, which allow clients to trade large blocks of shares while keeping prices private. Barclays said it was taking the allegations "very seriously". Shares in the bank fell more than 5% in early trading in London.
Background:
Barclays accused of 'dark pool' fraud [BBC]
New York Attorney General accuses Barclays of 'dark pool' fraud [Reuters]
