Britain's SFO denied permission to charge Barclays over 2008 fundraising | Reuters:
A High Court judge has denied a Serious Fraud Office application to charge Barclays (BARC.L) over its 2008 capital raising, potentially ending the biggest remaining legal headache facing the British bank over its conduct during the financial crisis.
A British court dismissed the charges against the bank last May in a decision that the SFO, which prosecutes financial crimes, said it would seek to reverse by applying to the High Court to reinstate them.
“The High Court has today denied the SFO’s application to reinstate in respect of all of the charges. As a result, all of the charges remain dismissed,” Barclays said in a statement.
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