Barclays And Former Executives Charged Over Qatar Fund-Elevating

Mr. Kalaris, 61, is the former chief executive of Barclays Wealth and Investment Management.
Advertisement Continue reading the main storyBarclays and Mr. Varley and Mr. Jenkins were also charged with providing unlawful financial assistance.
Barclays paid $450 million in penalties, and its American chief executive, Robert E. Diamond Jr., resigned.
Barclays said that the fraud office had informed the bank that it had not decided whether it would also bring charges against Barclays Bank P.L.C., an operating unit, with respect to the loan.
The inquiry into the fund-raising is one of a number of regulatory issues that have bedeviled Barclays in recent years.

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