Barclays Takes Extra $1.2B Hit For Potential Forex Settlements

(Reuters) - Barclays set aside another 800 million pounds ($1.2 billion) on Wednesday to cover potential settlements for alleged foreign exchange manipulation, hitting profits and reflecting its struggle to put past problems behind it. Barclays said it had now set aside 2.05 billion pounds ($3.2 billion) to cover any settlement, after the extra provision to reflect "developments with certain authorities" since it last reported in March.