Fraud & Ethics
Investment Banking
Uncategorized
Barclays and four former executives are charged with fraud
IN 2008, as banks cracked on both sides of the Atlantic, Britain’s government prepared to shore up tottering lenders. It eventually poured £45bn ($71bn) into the Royal Bank of Scotland and £20.3bn into Lloyds, which ministers coaxed into buying the stricken HBOS. Barclays, however, needed no such help: the bank…
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Click here to read the full story: The Economist