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Barclays hopes for probe progress

Barclays is hoping to make 'significant' progress this year in resolving a series of investigations into potential misconduct by its employees, its chief executive said Thursday.

Bernie Madoff

Citi unit must face Madoff claims

A Citigroup unit and PricewaterhouseCoopers must face claims they played a part in costing investors more than $1bn in Bernard Madoff’s massive Ponzi scheme, an appeals court ruled.