BRITAIN BANKS BARCLAYS FINED FOR POOR ADVICEA man walks past a Barclays bank branch in London , Britain , 18 January 2011 . Barclays Bank has been fined a record 7 . 7 million pounds ( 12 . 3 million dollars ) for failing to provide adequate investment advice to customers in a case that would result in compensation claims totalling 60 million pounds , a financial watchdog said 18 January 2011 . The Financial Services Authority ( FSA ) said the fine was the largest ever levied for retail failings . Investigations showed that Barclays had failed to ensure that two investment funds it sold to more than 12 , 000 people between 2006 and 2008 was suitable for them . EPA / ANDY RAIN < 뉴스 의 새 시대 , 연합뉴스 Live > < 모바일 애플리케이션 > < 포토 매거진 >< 저작권자 ( c ) 연합뉴스 . 무단 전재 - 재배 포금 지 . >