The UK's financial regulator said on Monday that it had fined Barclays Bank a total of £40 million for failing to disclose certain arrangements for dealing with Qatari investors in 2008. This case can be traced back to the worst of the British financial crisis, when Barclays scrambled to raise funds from overseas investors such as Qatar in order to avoid a national bailout. The UK financial regulator said in 2022 that Barclays Bank paid undisclosed fees to Qatar funds involved in the bailout. Barclays's actions in financing are reckless and lacking in integrity.

Zhitongcaijing · 11/25 19:49
The UK's financial regulator said on Monday that it had fined Barclays Bank a total of £40 million for failing to disclose certain arrangements for dealing with Qatari investors in 2008. This case can be traced back to the worst of the British financial crisis, when Barclays scrambled to raise funds from overseas investors such as Qatar in order to avoid a national bailout. The UK financial regulator said in 2022 that Barclays Bank paid undisclosed fees to Qatar funds involved in the bailout. Barclays's actions in financing are reckless and lacking in integrity.