UK's Banking Watchdog Launches Investigation into Barclays Following IT Outage

In the wake of a significant IT disruption that has impacted its customers, Barclays Bank is now under scrutiny from the UK’s financial regulatory authority. The Financial Conduct Authority (FCA) has initiated a probe into the bank's operations to better understand the circumstances leading to this major outage, which left many customers unable to access their accounts or complete transactions.

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