Barclays Fined for Financial Misconduct During 2008 Fundraising Drive
Barclays has been fined a substantial sum for conduct during a fundraising drive in 2008, characterized as “reckless” by the Financial Conduct Authority. The FCA discovered that Barclays failed to disclose arrangements with Qatari investors while seeking capital at the peak of the financial crisis. This incident had a significant impact on Barclays as it […]
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