HALISTER: Barclays Executives Expect Charges From SFO Investigation: Sky

Barclays Executives Expect Charges From SFO Investigation: Sky

(Bloomberg) -- Current and former Barclays executives increasingly expect U.K.’s Serious Fraud Office to charge the bank and several individuals in connection with inquiry that focused on share sale to Qatari sovereign wealth fund in 2008, Sky News says.
  • SFO to announce within days the outcome of five-year probe of share sales the bank carried out during the financial crisis, Sky says, citing people familiar
  • Decisions on charges may be disclosed as early as next two days, though announcement may take place next week
  • Will Bowen, spokesman for Barclays, declined to comment when contacted by Bloomberg
  • NOTE: March 15, Barclays Qatar Targets Said to Make Last SFO Plea Before Charges

Alert: HALISTER
Source: BFW (Bloomberg First Word)

Tickers
BARC LN (Barclays PLC)

To de-activate this alert, click here
To modify this alert, click here

UUID: 7947283