Barclays has an impressive list of toxic assets, with over $4.5 trillion of assets.
The bank has been a major shareholder in the UK’s biggest fund, the British Investment Management, which has been accused of mismanaging funds, misreporting returns and manipulating data.
Bank of America, the world’s second-largest bank, has a toxic asset list of $1.5tn, with a portfolio of assets worth more than $500 billion.
Citigroup is in second place with $1 trillion in toxic assets.
The bank’s toxic assets include its investment in energy giant Enron and a series of investments in China’s state-owned firms.
Barclays, Citigroup and HSBC have also been accused by regulators of manipulating data, mismanagering returns and falsifying data.
The list of banks with toxic assets is growing.
Credit Suisse, which is the world bank with the second-highest toxic assets in the world, has over $2 trillion in assets.
The bank said on Monday it would invest more than US$2 trillion over the next 10 years in the development of technology and business models that can improve the resilience of the global financial system.
The bank also said it would increase its commitment to tackling the financial sector’s risk profile, with an emphasis on “a more balanced approach”.
In March, the bank was found to have manipulated its data to cover up the extent of a major breach at its European operations.
The case was eventually settled out of court.
Barclays has been one of the most aggressive investors in Europe and has taken a huge stake in several companies that have faced regulatory scrutiny in recent years.
Its portfolio includes the investment in insurance giant PwC, as well as financial services firm Credit Suiss and investment firm EY.
It also has stakes in major British companies such as Barclays, Royal Bank of Scotland, BNP Paribas, HSBC and Credit Suiserie.
The group is also behind the Barclays-owned investment arm, Capital One.
Barclays has also been an investor in a number of European financial services companies including BNP-Sachs, PwD, Lloyds Banking Group and Royal Bank, which it also acquired for $7.5 billion in 2011.
Barstow and its London headquarters are one of Britain’s most attractive destinations for foreign investors.
It has been in talks with the Government over the issue of an IPO and is due to report its results in March.
Barcelona, meanwhile, has been trying to diversify its portfolio in the wake of a severe financial crisis, but has had to fight hard to get its balance sheet under control.