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Provider: Pechala's Reports
$15.00
Provider: Pechala's Reports
$15.00
Provider: Pechala's Reports
$15.00
Provider: Pechala's Reports
$15.00

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UK Authorities Probing Barclays PLC Over Qatar Loan Allegation-Reuters


Thursday, 31 Jan 2013 06:02pm EST 

Reuters reported that Authorities in the UK are looking into an allegation that Barclays PLC loaned Qatar money to invest in the bank as part of its cash call during the height of the financial crisis in 2008, allowing the bank to avoid a bailout, The Financial Times reported on its website. The Financial Services Authority and the Serious Fraud Office have been looking into Barclays' emergency fundraising. 

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