Latest Share Chat

PRESS: UK SFO Steps Up Probe Into Barclays? Dealings With Qatar - FT

Mon, 12th May 2014 06:35

LONDON (Alliance News) - The UK's Serious Fraud Office has stepped up its probe into Barclays PLC's dealings in Qatar, the Financial Times reported Sunday.

According to the FT, former chief executives Bob Diamond and John Varley are set to be questioned under caution by the SFO.

The FT said the development represents an acceleration of the SFO's probe into alleged corrupt arrangements in Qatar as part of Barclays' emergency capital raising in 2008.

http://www.ft.com/cms/s/0/cda8004e-d7a1-11e3-80e0-00144feabdc0.html#axzz31TdrKVIU

By Samuel Agini; samagini@alliancenews.com; @samuelagini

Related Shares

More News

Today 07:00

Race for Europe's first 'real-time' stock trade tape heats up

LONDON, May 7 (Reuters) - Banks and asset managers are vying with Europe’s exchanges to develop technology that can deepen the pool of investors ...

4 May 2024 08:37

Norway wealth fund to back Barclays CEO, chair at AGM

OSLO, May 4 (Reuters) - Norway's $1.6 trillion sovereign wealth fund, one of the world's largest investors, supports the reappointment of Barclays C...

3 May 2024 17:04

Ex-Odey portfolio manager Hanbury warns investors are 'buying blind'

LONDON, May 3 (Reuters) - Former Odey Asset Management (OAM) portfolio manager James Hanbury has said in a letter to investors that passive and syst...

2 May 2024 13:48

UK shareholder meetings calendar - next 7 days

1 May 2024 14:50

Barclays to cut jobs in investment banking - reports

(Sharecast News) - Barclays has reportedly kicked off a fresh round of redundancies, cutting "a few hundred roles" at its investment bank as it looks ...