U.S. authorities are investigating Barclays (BCS) over whether it made improper payments in 2009...

|About: Barclays PLC (BCS)|By:, SA News Editor

U.S. authorities are investigating Barclays (BCS) over whether it made improper payments in 2009 to obtain a license to operate a wealth-management arm and investment bank in Saudi Arabia, the FT reports. The probes adds to a number of other inquiries Barclays faces, including over payments made to Qatar in 2008 during a cash call and manipulation of U.S. power markets.