Edition:
United Kingdom

Kirstin Ridley

A sham Qatar deal could have cost ex Barclays exec $64 million, court hears

17 Oct 2019

LONDON A former top Barclays executive, on trial in London on fraud charges, would have risked a 50 million pound "good leaver" package if he had sought a criminal deal with Qatar during the credit crisis, a court heard on Thursday.

Bullied judge wins landmark whistleblowing case in UK Supreme Court

16 Oct 2019

LONDON A district judge who says she was bullied, victimised and suffered a breakdown after raising concerns about the dangers of government cuts to legal services has won a landmark London whistleblowing case at the highest court in the land.

Ex-Barclays executive panicked over scrutiny of salary in 2008, court hears

15 Oct 2019

LONDON A former senior Barclays executive was "panicking" about the risk of a state bailout during the credit crisis in 2008 because he feared government scrutiny of his multi-million pound remuneration, a London criminal trial heard on Tuesday.

Ex Barclays finance chief would have faced charges over Qatar rescue, trial hears

10 Oct 2019

LONDON Former Barclays finance director Chris Lucas would have been criminally charged over two emergency fundraisings launched by the bank at the height of the financial crisis if he were not too ill to stand trial, a London fraud trial heard on Wednesday.

Former Barclays bankers lied about Qatari fees in 2008, fraud trial hears

08 Oct 2019

LONDON Three former Barclays executives lied to the market by hiding 322 million pounds ($395 million) in extra fees that the bank paid Qatar in return for vital funding during the global credit crisis, a prosecutor told a London court on Tuesday.

Former top Barclays bankers face fraud trial over 2008 Qatar rescue

04 Oct 2019

LONDON Three former Barclays executives face a London jury in a high-profile criminal trial over how the British bank secured billions of pounds from Qatari investors and averted a taxpayer-funded bailout during the global financial crises in 2008.

London Dechert lawyer sues surveillance company over spying, hidden cameras

02 Oct 2019

LONDON A London-based senior Dechert lawyer is suing an intelligence and surveillance company for up to 100,000 pounds ($123,000) in damages for spying on him and his wife over at least 10 months.

London forex trader sues Citigroup over 'malicious' forex prosecution

02 Oct 2019

LONDON A London-based former Citigroup trader is suing the U.S. bank for more than $112 million, alleging it made materially false and malicious statements to U.S. prosecutors that led to his trial in New York on foreign exchange-rigging charges.

Unregulated firm Financial.org closes, investors say accounts frozen

09 Sep 2019

LONDON Unregulated British firm Financial.org has closed down, according to a notice on its website, and four investors said their accounts had been frozen.

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