The bank agreed to pay a criminal fine of $650 million. Barclays paid nearly triple that in civil fines. The same day the bank pleaded guilty, it also agreed to pay $485 million to the state Department of Financial Services, $342 million to the Federal Reserve System, and $400 million to the U.S. Commodity Futures Trading Commission. It also paid another $115 million to the CFTC for related offenses, and about $441 million to the United Kingdom's Financial Conduct Authority. All told, Barclays paid nearly $2.4 billion. "Put simply, Barclays employees helped rig the foreign exchange market," declared Benjamin Lawsky, then superintendent of the state Department of Financial Services. "They engaged in a brazen 'heads I win, tails you lose' scheme to rip off their clients." Indeed, as one banking executive bragged in a chat unearthed by regulators, "if you ain't cheating, you ain't trying." The 2012 penalties These weren't Barclays' first civil penalties.