Insightful News

We are an addiction for those who love reading.

Insightful News

Barclays’ Criminal Conundrum: Plead or Fight?

When Barclays raised £12 billion ($15.2 billion) in emergency capital in the teeth of the financial crisis, the deals were complex, costly and controversial. Nine years later, U.K. fraud investigators finally allege they were partly criminal, too. Whether Barclays fights the charges or pleads guilty will be a complex gamble for current management.

The Serious Fraud Office on Tuesday charged Barclays and some former top executives…

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *