FCA Wants To Fine Barclays £50 Million Over Secret Qatar Funding
The case goes back to the 2008 financial crash when the UK lender sought funds in Qatar to bolster its capital, avoiding the fate of other banks that were bailed out by the taxpayer. After a court trial ended in 2019, the FCA resumed its probe of Barclays.The Financial Conduct Authority intends to fine Barclays…
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