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Barclays (BCS) is provisioning another £1B in Q4 to settle claims it mis-sold financial...

Barclays (BCS) is provisioning another £1B in Q4 to settle claims it mis-sold financial products. The bank is setting aside £600M to cover payment protection insurance following more applications from consumers for compensation, bringing total provisions to £2.6B. Barclays is adding a further £400M to cover interest-rate hedging products for a total allocation of £850M. Shares +1.1% in London. (PR)
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