Barclays Stock Price Drops as FCA Sets March 30 Date for UK Car-Finance Redress
Barclays shares fell 1.23% to 377.55 pence by 1325 GMT Tuesday after Britain’s FCA said it would outline its motor-finance mis-selling compensation plan next week. Trading volume reached over 11.1 million shares. The FCA will publish details after markets close on March 30. Barclays also faces exposure to the collapsed lender Market Financial Solutions, under FCA investigation.