News and Announcements

Barclays fined £40m over 'reckless' 2008 Qatar deal

By Frank Prenesti

Date: Monday 25 Nov 2024

(Sharecast News) - Barclays Bank has been fined £40m by Britain's financial regulator over alleged secret payments to Qatar during the 2008 global financial crisis to avoid a UK government bailout.
The Financial Conduct Authority said the bank had pulled an appeal - due to be heard on Monday - against...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page