(CNN) - British bank Barclays says it is setting aside more cash to cover the costs of scandals involving mis-sold financial products.
Barclays said Tuesday that it has added nearly $1.6 billion to compensate clients for payment protection insurance.
Barclays paid $453 million last year to settle claims related to the rigging of interest rates.
The scandal cost Barclays chairman Marcus Agius and CEO Bob Diamond their jobs.
CNN