Barclays and Former Execs Charged With Fraud

Barclays and Former Execs Charged With Fraud

British prosecutors from the Serious Fraud Office have filed criminal charges against Barclays and four former bank executives. The charges stem from allegedly false representation over investment in the bank by Qatar’s sovereign wealth fund during the economic crisis...
Barclays to Refund $97.1 Million in Advisory Client Overcharges

Barclays to Refund $97.1 Million in Advisory Client Overcharges

On May 10, Barclays Capital settled with the Securities and Exchange Commission on charges that it had overcharged clients by nearly $50 million and overcharged clients because of accounting errors. Although Barclays agreed to the settlement, it did not admit or deny...
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