Barclays Agrees To Pay $2 Billion In Civil Penalties To Resolve Claims For Fraud In The Sale Of Residential Mortgage-Backed Securities - Two Former Barclays Executives Agree To Pay $2 Million To Resolve Claims Brought Against Them Individually

The United States has reached agreement with Barclays Capital, Inc. and several of its affiliates (together, Barclays) to settle a civil action filed in December 2016 in which the United States sought civil penalties for alleged conduct related to Barclays’ underwriting and issuance of residential mortgage-backed securities (RMBS) between 2005 and 2007.  Barclays will pay the United States two billion dollars ($2,000,000,000) in civil penalties in exchange for dismissal of the Amended Complaint.