Barclays (BCS) lost an appeal to overturn a UK court ruling that it is unlawful for car dealers to receive a commission from banks without the customer's consent, media outlets reported Tuesday.
The High Court dismissed the bank's challenge against a Financial Ombudsman Service ruling that it unfairly added a commission of 1,300 British pounds ($1,650) in relation to an auto loan, reports said.
Barclays is planning to appeal, the reports said.
The bank did not immediately respond to MT Newswires' request for comment.
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