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BCS Barclays PLC

10.17
-0.08 (-0.78%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Barclays PLC NYSE:BCS NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.08 -0.78% 10.17 10.295 10.155 10.19 21,807,125 01:00:00

U.K.'s Serious Fraud Office Charges Barclays Bank Over Qatar Loan

12/02/2018 7:53am

Dow Jones News


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By Carlo Martuscelli

 

The U.K.'s Serious Fraud Office has brought charges against Barclays Bank PLC over a $3 billion loan provided to Qatar, Barclays PLC (BARC.LN) said on Monday.

Barclays Bank has been charged with the same offence as its parent company was charged with on June 20, 2017. These include a charge of unlawful financial assistance relating to the $3 billion loan to Qatar in November 2008.

Barclays and its subsidiary said that they intend to defend themselves against the charges.

 

Write to Carlo Martuscelli at carlo.martuscelli@dowjones.com

 

(END) Dow Jones Newswires

February 12, 2018 02:38 ET (07:38 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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