Barclays
UK Authority Fines Barclays CEO in Whistleblower Affair
British regulators have fined Barclays CEO Jes Staley 642,430 pounds ($871,976) for his attempt to identify a whistleblower.
Read moreFeds Accuse Ex-Barclays Banker of Front-Running Hewlett-Packard
A Barclays Capital banker will appear before a federal judge Wednesday on charges that he orchestrated a self-serving options trade for Hewlett-Packard that cost the company millions.
Read moreSecond Circuit OKs Investor Class Action Over Barclays’ Dark Pools
Investors may sue Barclays as a class on allegations that the bank failed to provide promised protections against high-frequency traders on its dark pool exchanges, causing its share price to fall over seven percent when the truth came out, the Second Circuit ruled.
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Barclays, Execs in UK Court Over Fraud Allegations
Barclays and four of its former executives, including the ex-CEO, are appearing in court in Britain on charges of conspiracy to commit fraud connected with efforts to raise funds and avoid a bailout during the 2008 financial crisis.
Read moreBarclays Bank
A federal class action claims Barclays Bank “willfully and systematically report(s) negative and inaccurate information on consumers’ credit report,” specifically, debts that have been discharged in bankruptcy.
Read moreBarclays, Former CEO Charged With Fraud Over Qatar Deal
British regulators charged Barclays bank and four former executives, including then-CEO John Varley, with conspiracy to commit fraud when they asked Qatar for 6.1 billion ($7.7 billion) to avoid a government bailout at the height of the financial crisis in 2008.
Read moreJudge Slaps Wells Fargo With $70M Tax Penalty
Wells Fargo’s participation in an abusive tax shelter with the British bank Barclays will cost it 20 percent of the $350 million worth of foreign tax credits it claimed, a federal judge ruled.
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Barclays Capital to Refund $97 Million to Overcharged Advisory Clients
Barclays Capital has agreed to refund $97 million in overbilled fees and mutual fund sales charges to about 25,000 advisory clients.
Read moreIn Rare Step, U.S. Sues Barclays Over 2008 Financial Crisis
Bringing the first lawsuit of its kind, the United States says Barclays Capital repeatedly deceived investors about the risk of tens of billions of dollars of residential-mortgage-backed securities, causing “catastrophic” losses in the 2008 financial crisis.
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