Barclays Mining News

Barclays and Red Kite settle copper market dispute

Red Kite in 2017 sued Barclays for $850 million, alleging that the bank's traders were able to see the hedge fund's confidential trading positions on the London Metal Exchange.

Precious metals, nickel, zinc likely to outperform over next 2 years — analysts

The commodity research teams at Macquarie and Barclays, however, are not as optimistic when it comes to potash, aluminum and steel.

Five banks fined over $3bn in foreign exchange probe

These are the first cases to come out of a global probe into allegations of widespread rate-rigging in foreign exchange markets.

Swiss UBS faces fine over alleged precious metals trading wrongdoing

The bank, which is the world’s largest private lender, is also expected to announce an agreement regarding alleged collusion and manipulation in the foreign exchange market.

Citibank acquires Deutsche commodities trading book

Tough regulations and worries about reputation have made trading commodities a source of worries for bank bosses.

London gold fix begins seeking 3rd party to run benchmark

Winner will be announced in October, and implementation will be complete by the year-end.

Scotiabank, Deutsche, HSBC accused of rigging silver price

The three banks have been accused of fixing the price of trillions of dollars worth of silver.

Barclays gets a US$44 million fine over gold fix

On top of the fine, one of the bank's former traders has been banned from working in London.

Barclays is the next big bank pulling out of commodities: report

The English bank is planning to sell large parts of its metals, agricultural and energy business.

Another lawsuit against London gold fix banks

Barclays' share price suffers.