Why New Barclays Fraud Charge Isn’t the Threat it Appears



Barclays was slapped with another fraud charge by U.K. investigators Monday, following last summer’s charges against the company and former executives, including its former chief executive. Luckily for Barclays’s investors, this new element sounds more serious than it probably is.

The charges relate to Barclays’ £12 billion ($16.67 billion) emergency fundraising during the crisis of 2008, with the most serious element being that the bank in effect lent its Qatari investors $3 billion that they used to buy shares in the bank….


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