Feb 8 (Reuters) - The U.S. Department of Justice isexamining currency-linked investments offered by Barclays and UBS, the Financial Times reported onSunday.
The agency is looking into whether the two banks soldso-called structured products without disclosing the profit theywere making from currency trades used to generate the products'returns, according to the FT report, which cited people familiarwith the investigation. (http://on.ft.com/1usxaKT)
The Department of Justice is also investigating other banksover allegations of inadequate profit disclosure to clients andcounterparties involved in currency deals, the FT reported.
The Department of Justice, UBS and Barclays declined tocomment for the article.
(Reporting By Jessica Toonkel; Editing by Alan Crosby)
Barclays (BARC)