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Tuesday, 20 June 2017

Barclays, Former Executives Charged Over Qatar Fundraising - Bloomberg

Barclays, Former Executives Charged Over Qatar Fundraising - Bloomberg:

"Barclays Plc and four former executives were charged with conspiracy to commit fraud regarding the bank’s 2008 capital raising from Qatar as it sought to avoid a bailout during one of the most turbulent periods in financial history. The Serious Fraud Office said Tuesday that former Chief Executive Officer John Varley, former chairman of investment banking for the Middle East Roger Jenkins, ex-wealth chief Thomas Kalaris, and Richard Boath, the former European head of the bank’s financial institutions group, face charges along with Barclays."



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