Fraud & Ethics
Investment Banking
Legal
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Wealth and Asset Management
Barclays accused of making 346 million pounds in ‘sham’ payments to Qataris
Barclays paid Qatari investors a total of £346 million ($498.45 million) in secret and dishonestly characterized payments to secure their participation in the bank's 2008 emergency fundraising, a £1 billion lawsuit brought by another key investor on the deal has alleged. PCP, Amanda Staveley's investment vehicle which invested on behalf…
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Click here to read the full story: CNBC