Barclays Capital has been fined by the UK financial regulator for the second time this month – after failing to segregate client money for over eight years – taking the total levied against the banking group in the past two years to £11m.

The Financial Services Authority said today it had fined Barclays Capital Securities £1.1m for putting client money at risk over an eight year period, having failed to segregate client money from the bank's own funds for extended periods during the working day.