Barclays And Former Ceo John Varley Charged With Fraud Over 2008 Qatar Rescue

The executives charged include former CEO John Varley and Roger Jenkins, Barclays’ former head of investment banking in the Middle East.
The pair also face a second conspiracy to commit fraud charge over an October 2008 deal with a group of Qatari investors.
British prosecutors have filed criminal charges against Barclays and four former bank executives over investments from Qatar that helped save the bank during the financial crisis.
A spokesman for the Qatar Investment Authority declined to comment.
Shares in the bank declined 0.4% in early trade.

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