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 moreInvestors 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.
Read more
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 moreA 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 moreBritish 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 moreWells 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.
Read more
Barclays Capital has agreed to refund $97 million in overbilled fees and mutual fund sales charges to about 25,000 advisory clients.
Read moreBringing 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.
Read more