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03

Former Barclays Executives Appear in Court Over Qatar Deal

By Tony Seruga

LONDON — A group of former Barclays executives appeared in a London court on Monday to answer charges that they conspired to misrepresent arrangements made with the Persian Gulf nation of Qatar in 2008, as the bank raised capital to help it weather the financial crisis.

British prosecutors charged the lender and four former executives — including a former chief executive, John S. Varley — last month, the first criminal charges to be brought in Britain against a bank over its actions during the financial crisis. The men charged are among the most senior bank managers anywhere in the world to face trial in a financial crisis-era case…

Former Barclays Executives Appear in Court Over Qatar Deal

Categories : Finance

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